During the years 1979 to 1982, the Federal Reserve's announced policy was monetary targeting. During this time period the Federal Reserve
A) hit all of their monetary targets.
B) did not hit any of their monetary targets because it is believed that controlling the money supply was not the intent of the Federal Reserve.
C) did not hit any of their monetary targets because they were unrealistic.
D) hit about half of their monetary targets.
B
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In the figure above, if a tax is imposed that generates an efficient allocation of resources, then consumers will pay a price of
A) $250 per unit. B) $200 per unit. C) $150 per unit. D) $100 per unit.
If you pay $3,000 in taxes on an income of $28,000, and $4,450 in taxes on an income of $38,000, what is your marginal tax rate? Show your work
What will be an ideal response?
When considering the factor distribution of income, which of the following income is represented as proprietor income?
A. Rent for capital. B. Interest for loans on capital. C. Labor or capital factors that proprietors put into their businesses D. Wages for workers
Which of the following is a short-run decision for a muffin shop?
a. hire more workers b. add new ovens c. expand into the building next door d. open a second shop on the other side of town e. go out of business