Gordon's plots of the effectiveness lags of monetary policy over the periods 1961-1975, 1976-1990, and 1991-2007 show the effectiveness lags have become ________ and the overall response of GDP to monetary policy has ________
A) shorter, decreased
B) shorter, increased
C) longer, decreased
D) longer, increased
C
Economics
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If a bank receives an additional deposit of $50,000 and the desired reserve ratio is 20 percent, what is the amount of new loans the bank can make?
What will be an ideal response?
Economics
The Robinson-Patman Act limits the ability of the firms to
A. discriminate in terms of prices. B. use capital-intensive means of production. C. charge different prices to retailers. D. produce certain products.
Economics