In 2000, the United Nations unanimously adopted the ________, a set of quantifiable, time-based targets for developing countries to meet.
A. Millennium Development Goals
B. Carbon Footprint Eradication Measure
C. Global Warming Reduction Act
D. 21st Century Equity Initiative
Answer: A
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Which of the following is an advantage to money targeting?
A) There is an immediate signal on the achievement of the target. B) It does not rely on a stable money-inflation relationship. C) It implies lack of transparency. D) It implies smaller output fluctuations.
If the MPC is .67, then the oversimplified multiplier is
a. 7.60. b. 6.70. c. 3.00. d. 33.
The civil court system often relies upon
A. a judge and jury to resolve financial disputes among injured parties. B. attorneys who volunteer to defend the indigent accused of crimes. C. police enforcement of criminal statutes. D. a sentence of jail time as punishment.
Other things remaining the same, if a nation's expected price level rises, the demand to hold money:
a. Falls. b. Rises. c. Does not change.