Keynesians believe in a relatively stable __________ curve, and thus recommend a monetary policy targeting the __________
A) IS; money supply
B) IS; interest rate
C) LM; money supply
D) LM; interest rate
D
Economics
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Assume foreign beer is a normal good. If the incomes of demanders increase,
A) demand for foreign beer will increase. B) the quantity supplied of foreign beer will increase. C) the price of foreign beer will increase. D) all of the above will occur. E) none of the above will occur.
Economics
How do markets respond to price ceilings and price floors? Do attempts to repeal the laws of supply and demand meet their objectives?
Economics