Changes in the money supply are ________ to other economic variables, and since the early 1990s the Fed has ________ in monetary policymaking
A) closely connected; emphasized the role of M2 over M1
B) closely connected; emphasized the role of M1 over M2
C) closely connected; emphasized the roles of both M1 and M2
D) no longer closely connected; deemphasized the roles of M1 and M2
D
Economics
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In which of the following cases does the benefit principle provide little guidance?
a. The benefits of the program are spread throughout the population. b. Gasoline taxes are used to fund highways. c. It is difficult to identify the beneficiaries of government programs. d. In cases a and c. e. In none of the above cases.
Economics
If the firm is maximizing profits, it is producing ____ units of output and charging a price of ____.
A. OF; ON
B. OF; OL
C. OG; ON
D. OG; OM
Economics