A Keynesian econometric model is likely to emphasize that monetary policy affects economic activity through changes in
A) the money supply.
B) reserve requirements.
C) interest rates.
D) currency holding by the public.
C
Economics
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Refer to the scenario above. Using 2012 as the base year, what is the real GDP of the economy in 2012?
A) $57,500 B) $75,000 C) $45,000 D) $55,000
Economics
Which of the following can a positive analysis accomplish?
a. It can tell an advertising executive what type of ads she ought to order. b. It can tell us how much the demand for a product will increase. c. It can tell us if one policy is better than another. d. It can tell a policy maker what is the best course of action.
Economics