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Please answer the questions correctly! D Question 4 0.86 pts Which of the following is more consistent with Keynesian (versus Classical) economic theory? Strong monetary

Please answer the questions correctly!

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D Question 4 0.86 pts Which of the following is more consistent with Keynesian (versus Classical) economic theory? Strong monetary and fiscal policy approaches to address economic recessions. Price is highly flexible, always allowing markets to clear. Unemployment due to sectoral shifts would be considered structural, rather than frictional. The long run is so long that no one ever experiences it; only the short run matters. D Question 5 0.86 pts Which of the following is accurate according to the quantity theory of money? O Monetary policy is neutral in the long run, but not the short run. O Monetary policy is neutral in the short run, but not the long run. O Monetary policy is neutral in both the short run and the long run. O None of these options. D Question 6 0.86 pts What is a pure market economy's answer to "What to produce?" What firms believe people want and will make the firm a profit What the central planner or government believes is socially beneficial. What people demand from business and government at any price. What society tells the central planner or government is acceptable.When Martha, a U.S. citizen, purchases a handbag made in France, the purchase is... a U.S. import and a French export. a U.S. export and a French import. both a U.S. and French import. neither an export nor an import for either country. D Question 8 0.86 pts When the dollar appreciates (relative to foreign currency), U.S. Exports decrease, while imports increase. O Exports and imports decrease Exports and imports increase O Exports increase, while imports decrease D Question 9 0.86 pts Economics is best defined as the study of how people make choices under the conditions of scarcity and the results of the choices. prices and quantities. inflation and interest rates. graph drawing. wages and incomes

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