Some economists object to having the Fed concentrate solely on price stability because it would

A) make stabilizing the economy more difficult. B) lessen its credibility.
C) privatize the Federal Reserve. D) free the Fed from political pressure.

A

Economics

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In the production function Real GDP = T (L, K), the T represents the tax coefficient

Indicate whether the statement is true or false

Economics

Production possibilities in an economy decrease as more resources and better technology are utilized.

Answer the following statement true (T) or false (F)

Economics