Monetarism is a school of thought put forth by Milton Friedman. He argued that the economy would most likely
A) be below potential GDP. B) be above potential GDP.
C) be unstable. D) be at potential GDP.
D
Economics
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In cases of natural monopoly, it is best to have only one firm producing all of the output in a market
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the above table (figures in billions). The nominal GDP for 2020 is
A. $4819.6 billion. B. $4091.3 billion. C. $5677.5 billion. D. uncertain without more information.
Economics