In modern economies, the supply of money depends mainly on the economy's ________
A) tax rates
B) mining of precious metals
C) net exports
D) growth of output of goods and services
E) none of the above
E
Economics
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Which of the following is an example of a discretionary fiscal policy during a recession?
A) A temporary tax cut to boost consumption B) A decrease in money supply to lower the federal funds rate C) A decrease in transfer payments to unemployed workers D) An increase in tax rates to increase revenue
Economics
Why do professional basketball players earn more than police officers? Illustrate this situation graphically
What will be an ideal response?
Economics