If a government wanted to use monetary policy to increase economic growth, which of the following steps should be taken?
a. Decrease interest rates to increase the amount of money in supply.
b. Increase the amount of foreign currency kept on reserve in U.S. banks.
c. Increase government spending on public works projects.
d. Print a larger amount of money to increase the money supply.
a
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Political parties are the most important interest aggregators in democratic systems
Indicate whether this statement is true or false.
After the Mexican Revolution, Mexico adopted an economic system called _______________ that relied heavily on government actions to encourage private investment and reduce risk for private entrepreneurs, while accepting some degree of government ownership of the means of production
a. communism b. socialism c. dirigisme d. state capitalism e. laissez-faire capitalism