What is one of the advantages of monetary policy over fiscal policy?
A. Its control over the size of Federal budget deficits
B. The quickness with which it can be used
C. The opportunity for broad political influence
D. It can guarantee an expansion of aggregate demand when needed
B. The quickness with which it can be used
Economics
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When GDP is measured in "current prices" it is known as the
A) real GDP. B) nominal GDP. C) real GNP. D) nominal GNP.
Economics
When Safeway supermarkets in the United States buys strawberries from Mexico
A) it uses dollars to pay Mexican farmers. B) it uses pesos to pay Mexican farmers. C) it may use any currency it chooses. D) the transaction shows up in the U.S. capital account.
Economics