In recent decades, the trend among central banks has been to adopt ________
A) high employment as a central goal
B) a dual mandate that gives equal weight to both price stability and low unemployment.
C) price stability as a central goal
D) a target of zero inflation
E) none of the above
C
Economics
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Keynes' speculative demand for money arises because
A) individuals are continually trying to maximize their wealth and income. B) money is necessary to finance transactions. C) there are costs to switching between money and interest-earning assets. D) capital gains on bonds held can be made when interest rates are rising.
Economics
What causes the aggregate demand curve to shift?
What will be an ideal response?
Economics