In practice, the ECB has committed to what type of strategy for monetary policy?

A) inflation targeting
B) monetary targeting
C) unclear as to inflation or monetary targeting
D) exchange rate targeting

C

Economics

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Would consumers benefit more from a tariff or a quota on imports?

What will be an ideal response?

Economics

Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. If it accepts a $1,000 deposit, then Odyssey National can increase the money supply by:

a. $900. b. $910. c. $1,000. d. $9,000. e. $10,000.

Economics