The best case for intermediate targeting on monetary aggregates is where the
a. LM schedule is flat and the money demand function is stable.
b. IS schedule is flat and the level of investment is stable.
c. LM schedule is steep and the money demand function is stable.
d. IS schedule is steep and the money demand function is stable.
C
Economics
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A goldsmith has 100 gold coins in his safe and 100 receipts circulating. What is his reserve ratio?
What will be an ideal response?
Economics
When the price of fresh fish increases 10%, quantity demanded decreases 5%. The price elasticity of demand for fresh fish is ________ and total revenue from fresh fish sales will ________.
A. inelastic; decrease B. inelastic; increase C. elastic; decrease D. elastic; increase
Economics