In the schematic theory of economic policy, the demand for money is considered

A) a policy instrument.
B) an exogenous nonpolicy variable.
C) a structural relation.
D) a target variable.
E) an irrelevant side effect.

C

Economics

You might also like to view...

Internal balance describes

A) equilibrium in the goods market. B) a desired level of trade or capital flows. C) where the IS and BP curve intersect. D) a domestic rate of growth consistent with a low unemployment rate.

Economics

Which of the following is a method for solving the problem of adverse selection?

A) truth in advertising laws B) product liability laws C) food labeling requirements D) All of the above.

Economics