The policy of attempting to obtain a specific low level of inflation over the long run is referred to as:

A) inflation targeting. B) the seigniorage policy.
C) the minimal inflation policy. D) price control.

A

Economics

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Suppose Melita is willing to pay a maximum of $30 for a pair of normal sunglasses and $36 for the same pair with a double UV-protection filter. If the unit cost of upgrading a product is $6, the seller will upgrade the product if Melita pays at least $35 for it

Indicate whether the statement is true or false

Economics

Who developed the school of thought known as utilitarianism?

a. Jeremy Bentham b. Dean Karlan c. Adam Smith d. Karl Marx

Economics