The Federal Reserve is ________ the U.S. Treasury
A) under the control of B) independent of
C) a part of D) a creation of
B
Economics
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The horizontal investment curve used to derive the TE curve implies that investment is
A) directly related to Real GDP. B) indirectly related to Real GDP. C) independent of Real GDP. D) sometimes directly and sometimes indirectly related to Real GDP, depending upon whether it is planned capital or planned inventory investment.
Economics
If money is neutral and velocity is stable, an increase in the money supply creates a proportional increase in
a. real output only. b. nominal output only. c. the price level only. d. both the price level and nominal output.
Economics