In the last two decades of the 20th century, developing countries as a whole have

a. grown more slowly than developed countries
b. grown a bit more rapidly than developed countries
c. grown much more rapidly than developed countries
d. made very little progress
e. none of the above

B

Economics

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What are the Fed's three policy tools?

What will be an ideal response?

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A clear-cut "rules versus discretion" debate is no longer possible because those economists advocating rules for ________, such as ________, must leave the Fed with plenty of discretionary power

A) policy instruments, the money supply B) policy instruments, the inflation rate C) target variables, the money supply D) target variables, the inflation rate

Economics