Why did Keynes feel that Fed couldn't push on a string?
A. cannot raise output
B. cannot lower interest rates
C. cannot increase money supply
D. cannot raise prices
Ans: B. cannot lower interest rates
Economics
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Intraindustry trade relies on
A) economies of scale. B) the product cycle. C) differences in factor endowments. D) government industrial policies. E) monopoly pricing.
Economics
A Lorenz curve that is perfectly straight indicates
A) that society is very rich. B) that a small portion of the population accounts for most of the income. C) that a large portion of the population accounts for most of the income. D) complete income equality.
Economics