The goals of monetary policy tend to be interrelated. For example, when the Fed pursues the goal of ________, it also can achieve the goal of ________ simultaneously
A) economic growth; a low current account deficit
B) high employment; lowering government spending
C) stability of financial markets; a low current account deficit
D) high employment; economic growth
D
You might also like to view...
In the tourist-trap model, a consumer might pay more than the marginal cost for a good sold in a competitive market because
A) the consumer is not free to search for lower prices. B) souvenir stores are part of a nationwide cartel. C) the cost of searching for a cheaper good is more than the markup over the marginal cost. D) the difference in prices between stores will be smaller than the search cost.
The U.S. demand curve for foreign currency is drawn holding constant all except one of the following factors. Which is the exception?
a. income in the United States b. the inflation rate in the United States c. incomes in the rest of the world d. the interest rate in the United States relative to the rest of the world e. tastes and preferences of Americans for foreign goods