Economic historians identify which invention as a major factor that started the Industrial Revolution in Britain?
A. Steam engine
B. Automobile
C. Telephone
D. Electric motor
A. Steam engine
Economics
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When the interest rate falls in the money market, the quantity of money demanded ________ and the quantity of money supplied ________
A) increases; decreases B) decreases; increases C) stays the same; decreases D) increases; stays the same
Economics
Discuss why the Fed can either both a quantity and a price (interest rate) target unlike other monopolies.
What will be an ideal response?
Economics