Which of the following is considered to be a goal of monetary policy?
A) a low federal budget deficit
B) fair wages
C) price stability
D) an end to poverty
C
Economics
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Real GDP values current production at
A) current year prices. B) the best estimate of next year's prices. C) the average of price levels over the entire sample period. D) base year prices.
Economics
Which of these is not a beneficial supply shock?
a. An abundant harvest that increases food supplies b. The discovery of natural resources c. Reductions in business taxes d. Technological advances e. Establishment of the Occupational Safety and Health Administration (OSHA)
Economics