Which of the following is true about monetary policy?
A. It is ineffective in the long run and difficult in the short run.
B. It is effective in the long run and easy in the short run.
C. It is ineffective in the short run and difficult in the long run.
D. It is effective in the short run and easy in the long run.
Answer: A. It is ineffective in the long run and difficult in the short run.
Economics
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Ceteris paribus, if the Fed reduces the reserve requirement, then:
A. Total reserves increase. B. Total deposits decrease. C. The lending capacity of the banking system increases. D. The money multiplier decreases.
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The world population is approximately ________ people
A) 6.8 billion B) 6.8 trillion C) 680 million D) 2 trillion E) 6.8 million
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