Milton Friedman's theory of the demand for money
A) is similar to Tobin's portfolio approach to the demand for money.
B) includes permanent income as one of the significant variables.
C) includes the yields on competing nonmonetary assets.
D) All of the above.
D
Economics
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If the Federal Reserve conducts an open market sale, the
A) interest rate will decrease. B) interest rate will increase. C) interest rate will not change. D) money supply is increased.
Economics
Refer to the Article Summary. If Netflix chose to use Shiller's pricing method
A) consumer surplus, producer surplus, and deadweight loss would all be equal. B) producer surplus would be zero. C) deadweight loss would be maximized. D) consumer surplus would be zero.
Economics