Monetary policy has medium-run effects on which of the following?
A) the level of output but not its composition
B) both the level and composition of output
C) only the price level
D) the level of output AND the price level
E) none of the above
C
Economics
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Exhibit 2-16 Production possibilities curve
From the information in Exhibit 2-16, which of the following points on the production possibilities curve are attainable with the resources and technology currently available?
A. A, B, C, E B. A, B, C, D, W C. E, U, W D. A, B, C, D, U
Economics
In 2009, the gap between foreign assets in the United States and U.S. assets abroad was
A. $3 trillion. B. $2.5 trillion. C. $4 trillion. D. $6.5 trillion.
Economics