Monetary policy includes all of the following assumptions EXCEPT that
A. too little money in circulation contributes to inflation.
B. too much money in circulation contributes to inflation.
C. too little money in circulation contributes to rising unemployment.
D. the money supply is the key to sustaining a healthy economy.
E. too little money in circulation contributes to a slowdown in consumer buying.
Answer: A
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Social contract theory provides the philosophical foundation for the obligations individuals and states have toward each other. If the state violates the contract, the citizen is still morally obligated to obey its laws
Indicate whether the statement is true or false.
In light of principal–agent theory, briefly describe the relationship among contracts, superiors, and subordinates.
What will be an ideal response?