To reduce economic volatility the Fed should push the economy toward a
A) positive output ratio.
B) negative output ratio.
C) zero output ratio.
D) All of the above are consistent with reduced volatility.
C
Economics
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Which of the following information about fiat money is false?
A) It must be issued by a sanctioned monetary authority. B) It serves as a medium of exchange. C) It has virtually no intrinsic value. D) All of the above statements about fiat money are true.
Economics
If interest rates are falling, then, ceteris paribus,
A) bond holders are suffering capital losses. B) bond prices are rising. C) the liquidity demand for money will be falling. D) income must be rising.
Economics