When a farmer uses someone else's land in exchange for a percentage of the crop, this is called

The argument advanced by Milton Friedman for adopting a monetary growth rule is that

A) active monetary policy potentially destabilizes the economy. B) a constant rate of growth in the money supply would eliminate the booms and recessions that make up the business cycle. C) the growth rate of M1 has been unstable. D) the Fed can control the money supply, but not the level of interest rates.

In an open economy, an increase in net exports because of increased demand for domestic products by foreigners should cause the domestic real interest rate to ________ and should cause desired saving minus desired investment to ________

A) rise; rise B) rise; fall C) fall; rise D) fall; fall