Which of the following variables that affect the money stock are outside the direct control of the Federal Reserve?
a. Currency/deposit ratio
b. Excess reserve/deposit ratio
c. Required reserve/deposit ratio
d. The speed of the money creation process.
e. Both a and b
E
Economics
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The natural rate of unemployment is that rate
A) below which the economy can never be. B) corresponding to full-employment. C) corresponding to a constant rate of inflation. D) which is zero.
Economics
What is an economic model?
A) It is a description of an economic issue that includes all possible related information. B) It is a description of an economic issue based on official government information. C) It is a detailed version of some aspect of economic life used to analyze an economic issue. D) It is a simplified version of some aspect of economic life used to analyze an economic issue.
Economics