If the Fed wanted to prevent a change in money demand from affecting real GDP, which of the following rules would be feasible and allow the Fed to attain its goal?

a. Keep government spending constant
b. Keep the money supply constant
c. Keep money demand constant
d. Keep taxes constant
e. Keep the interest rate constant

E

Economics

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Refer to Table 17.1. The unemployment rate for this simple economy is

A) 6%. B) 10%. C) 20%. D) 25%.

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The Sherman Act makes it illegal to

A) increase market share. B) merge firms in the same industry. C) attempt to monopolize an industry. D) price below competitors.

Economics