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The topic is:
Government budget and fiscal policy works through the shift of aggregate demand and is most often used to tackle unemployment issues.
Questions:
What is the Keynesian theory of money demand? What is the critiques made by Friedman to the Keynesian theory of money demand?
Without doing any calculations, which must be larger: the median or the mean? Explain how you know.
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The fuel for a chain saw is a mix of oil and gasoline. The label says to mix 5 ounces with 15 gallons of gasoline. How much oil would you use if you had 45 gallons of gasoline?
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