Monetarists are in favor of

a. inflation targeting.
b. interest rate targeting.
c. output targeting.
d. nominal income targeting.
e. money growth targeting.

E

Economics

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National output and national income are essentially the same because

A) every purchase implies a sale. B) every cost implies a benefit. C) every profit implies a loss. D) every gain implies a sacrifice.

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Which of the following is the best example of a public good?

a. food stamps b. police services c. trash removal d. a restaurant meal e. an IPad

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