The Monetarists advocate the monetary rule in order to stabilize the business cycle which states that the money supply should be increased by a constant rate year after year
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Globalization is the process of countries imposing trade restrictions on other countries
Indicate whether the statement is true or false
Economics
An increase in the saving rate results in a higher steady state ________
A) growth rate of capital B) growth rate of output per worker C) level of consumption per worker D) level of capital per worker
Economics