To "accommodate" an expansionary fiscal policy, the Fed ________ the money supply in order to hold ________ constant

A) expands, the interest rate
B) expands, real income
C) contracts, the interest rate
D) contracts, real income

A

Economics

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One explanation given in the video for the fluctuations of an economy's real growth rate around its potential growth rate is:

A. that there are often shocks to the planned level of spending. B. that there are often shocks to the money supply. C. that the potential growth is inaccurately calculated. D. that there are often shocks to the key growth factors

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Why do some firms choose not to file for a patent and instead try to keep the results of their research a trade secret?

A) because firms must disclose information about the product or process being patented in a patent application B) because a patent only gives the inventor exclusive rights to a product or process for 5 years C) because trade secrets provide the same exclusive legal rights to a product as a patent does D) because trade secrets are never divulged

Economics