A policy that results in slow and steady growth of the money supply is an example of
a. an "easy" monetary policy.
b. a "passive" monetary policy.
c. a "practical" monetary policy.
d. an "active" monetary policy.
b
Economics
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Jack Nelson, a supervisor in the hardware department at Sears, received a $3,000 increase in his annual disposable income. Suppose his marginal propensity to consume is 0.80. How much of the $3,000 increase will Jack spend on consumption?
A) $3,000 B) $2,750 C) $2,200 D) $2,400 E) $2,500
Economics
Horizontal equity is achieved when taxes are collected from those who benefit from the government expenditure of the tax revenue
Indicate whether the statement is true or false
Economics