Discretionary policy calls for continual adjustments to the money supply and is associated with the monetarist perspective.

In the above figure, a minimum wage will not change the unemployment rate if it is set at

A) $6.00. B) $9.00. C) $12.00. D) Both B and C are correct because any wage rate that exceeds $9 per hour has no effect on the unemployment rate. E) None of the above because the minimum wage always affects the unemployment rate.

When two variables have a positive correlation,

a. when the x-variable increases, the y-variable decreases. b. when the x-variable decreases, the y-variable increases. c. when the x-variable increases, the y-variable increases. d. More than one of the above is correct.