Monetary policy is most effective in influencing aggregate demand
A. under a fixed exchange-rate system without sterilization.
B. when there is low capital mobility.
C. under a freely floating exchange-rate system.
D. under a fixed exchange-rate system with sterilization.
Answer: C
Economics
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Average costs
a. fall at all levels of output b. are falling when marginal costs are below average costs and rising when marginal costs are above average costs c. are falling when marginal costs are above average costs and rising when marginal costs are below average costs d. does not vary with output
Economics
Which of the following is not included in the calculation of federal debt?
a. Debt held by banks b. Debt held by firms c. Debt held by the U.S. Treasury d. Debt held by households e. Debt held by foreign entities
Economics