The monetary rule is the view of the:
A. Keynesians that monetary policy is most important.
B. Monetarists that monetary policy is most important.
C. Classical economists that monetary policy is most important.
D. Monetarists that the Fed should expand the money supply at a constant rate.
Answer: D
You might also like to view...
If in 2016, a woman made $100,000 on the job, $20,000 from a consulting business she operated, and $10,000 in dividends on stock she owned, she would owe old-age Social Security taxes on
A. $87,000. B. $97,500. C. $130,000. D. $118,500.
Inflation targeting requires that the central bank
A) publicize its targeted inflation rate. B) avoid changing the amount of the monetary base. C) use a short-term interest rate as its policy instrument. D) set a fixed price real assets. E) adopt a k-percent rule for the inflation rate. The figure above shows the market for reserves.
Which of the following is a gain from trade?
A. A higher price level for all trading countries. B. A shorter workweek for all trading countries. C. A level of self-sufficiency for all trading countries. D. A higher standard of living for all trading countries.
How have firms and organizations devised ways to overcome information problems without government intervention? Give three examples
Please provide the best answer for the statement.