Which region has the highest proportion of its children working?

Assuming short-run sticky prices, the same monetary policy result may be achieved by targeting the money supply or the nominal rate of interest whenever:

a. the demand for money is stable. b. interest income is not taxable. c. changes in the supply of money are small and predictable. d. real income is constant.

Answer the following statement(s) true (T) or false (F)

1. If a government collects more taxes than it spends, there is a budget deficit. 2. Firms and households create the demand for loanable funds. 3. Both the supply and the demand curves of loanable funds are negatively sloped. 4. A low saving rate makes more money available for investment. 5. Early in the twenty-first century, it was common for people to get mortgages with no down payment and minimal documentation.