When the growth rate of the money supply is increased, interest rates will rise immediately if the liquidity effect is ________ than the other effects and if there is ________ adjustment of expected inflation

A) larger; rapid
B) larger; slow
C) smaller; slow
D) smaller; rapid

D

Business

You might also like to view...

Under IFRS, companies do not use a

A. discount account but do use a premium account B. premium account but do use a discount account C. bonds payable account D. discount or premium account

Business

Rawls's social justice theory includes which of the following?

A) The consultation of an outside source, such as a book or person, for guidance B) A set of universal rules based on reasoning which must be applied in all situations and are characterized by reversibility C) The belief that the moral rules should be determined by persons who have a "veil of ignorance" about their place or station in society D) The belief that a person must decide what course of action is proper based on that person's own set of beliefs or feelings E) Determining which course of action produces the greatest amount of good for the greatest number of people

Business