Suppose that the central bank operates under a money supply growth rule, but with changes in the unemployment rate automatically adjusting the money growth target. This is called a ________ rule
A) CGRR
B) discretionary
C) feedback
D) nominally-anchored
C
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What will be an ideal response?
For a demand schedule, which of the following is held constant?
A) relative prices B) quantity demanded C) quality of the good D) nominal prices
There is no guarantee that running a trade ___________ will bring robust economic health.
a. surplus b. deficit c. show d. event
Which of the following is not correct?
a. When a union is present in a labor market, wages are not determined by the equilibrium of supply and demand. b. Like any cartel, a union is a group of sellers acting together in the hope of exerting their joint market power. c. The process by which unions and firms agree on the terms of employment is called a strike. d. Most workers in the U.S. economy are not members of a union.