Empirical studies on velocity and money demand have limited usefulness for monetary policy because they often ignore
A) money supply effects.
B) interest rate effects.
C) inflation effects.
D) lags in monetary policy.
D
Economics
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Refer to Figure 11.4. Which diagram illustrates the effect of an increase in the income tax rate?
A) A B) B C) C D) D
Economics
Mike has been unemployed for over a year. He hasn't looked for a job in the last three months, but he's just started looking for work again. Because Mike started looking for a new job,
A) the labor force participation rate decreased. B) the unemployment rate increased. C) the unemployment rate decreased. D) the working-age population increased.
Economics