The experience of the Marcos Presidency in the Philippines in 1986 showed:
A. the importance of keeping the central bank independent from political pressure.
B. transparency is critical if people are going to trust a central bank.
C. published central bank balance sheets do not always reflect reality.
D. all of the answers given are correct.
Answer: D
Economics
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Consider an economy where the only goods traded are coconuts and pineapples. Last year, 100 coconuts were sold at €1 apiece, and 200 pineapples were sold at €2.50 apiece. If the money supply was €100, what was velocity?
A. 30 B. 15 C. 6 D. 5
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Summarize the effects of a production quota on the market price and the quantity produced
What will be an ideal response?
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