Monetarists argue that the Federal Reserve should allow the money supply to grow:
a. counter to the business cycles.
b. faster than 10 percent annually.
c. only during recessions.
d. at a constant rate.
d
Economics
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The Big Mac index is a measure of how well the purchasing power parity theory works
a. True b. False Indicate whether the statement is true or false
Economics
In the markets for goods and services in the circular-flow diagram,
a. households provide firms with savings for investment. b. households provide firms with labor, land, and capital. c. firms provide households with output. d. firms provide households with profit.
Economics