In: Economics
** Please do all 3
31.Keynes’s conjecture refers principally to which of the following?: (a) the relationship between money supply growth and inflation; (b) the notion that the marginal propensity to consume lies between 0% and 100%; (c) that only males over the age of 75 years old can serve as POTUS regardless of whether they have periodic losses of memory; (d) that monetary policy is always the best way to influence the cyclical condition of the economy at the margin.
34. Please indicate the proper order of maturities of Treasury securities, from the shortest duration to the longest duration: (a) bonds, notes, bills; (b) bonds, bills, notes; (c) bills, notes, bonds; (d) bonds, stocks, derivatives.
36. According to the acceleration principle: (a) a relatively small increase in consumer spending results in a relatively larger increase in real GDP; (b) a relatively small increase in consumer spending perceived to be permanent results in a relatively larger increase in investment; (c) a relatively small increase in capital investment results in an even LARGER increase in capital spending (due to momentum); (d) the faster interest rates decline, the faster investment spending declines.