Two assumptions made in Gordon's early presentation of the IS-LM model were that the Federal Reserve has ________ control of the money supply and that the money demand function ________ subject to instability

A) precise, is
B) precise, is not
C) imprecise, is
D) imprecise, is not

B

Economics

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Which of the following might the Fed rely on as an intermediate target?

A) The monetary base B) The discount rate C) M2 D) The exchange rate of the dollar

Economics

Today's demand curve for gasoline could shift in response to a. a change in today's price of gasoline

b. a change in the expected future price of gasoline. c. a change in the number of sellers of gasoline. d. All of the above are correct.

Economics