Assuming an increase in money demand, then if the Federal Reserve
a. can keep the interest rate unchanged assuming that it changes the monetary base by the appropriate amount.
b. would have to aim below their previous money stock target.
c. would not have to cut taxes to keep output from falling.
d. All of the above
e. None of the above
A
Economics
You might also like to view...
The real interest rate is calculated by subtracting inflation from the nominal interest rate
a. True b. False Indicate whether the statement is true or false
Economics
Jerome says that he will spend exactly $25 each month on new apps for his mobile device, regardless of the price of apps. Jerome's demand for apps is
a. perfectly elastic. b. unit elastic. c. perfectly inelastic. d. somewhat inelastic, but not perfectly inelastic.
Economics