Instrument independence is the ability of ________ to set monetary policy ________
A) the central bank; goals
B) Congress; goals
C) Congress; instruments
D) the central bank; instruments
D
You might also like to view...
If a 20 percent decrease in the price of chicken results in a 10 percent increase in the quantity demanded, the price elasticity of demand has a value of
a. 0.5 b. 2 c. 1 d. 0.1 e. none of these
Government policy can do nothing about the natural rate of unemployment
a. True b. False Indicate whether the statement is true or false
When tax code changes reduce saving incentives, the interest rate will _____ and investment will _____
Fill in the blank(s) with correct word
If the marginal cost of producing a good is increasing as a firm produces more of the good, then which of the following must be TRUE?
A) AFC is rising. B) AVC is rising. C) MC > AVC. D) MPL is falling.