If both money demand and commodity demand are unstable, as many activists believe, which type of policy target would most likely lead to a stable economy? (assume no supply-side shocks, and a fixed price level)

A) money supply target
B) real GDP target
C) interest rate target
D) none of the above

D

Economics

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If a country wants to keep a foreign currency overvalued against the domestic currency:

A) it will buy both the foreign and domestic currency. B) it will sell both the foreign and domestic currency. C) it will buy the domestic currency and sell the foreign currency. D) it will buy the foreign currency and sell the domestic currency.

Economics

A game in which players collectively gain is known as a

A) zero-sum game. B) positive-sum game. C) negative-sum game. D) cooperative game.

Economics