Monetary policy affects the goods market through its impact on the interest rate and planned investment.

a. true
b. false


Answer: a. true

Economics

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George is considering buying shares of Intel. If the company does well, he will gain $100, but if the company does poorly, he will lose $100

George is risk averse, so for George the magnitude of the pain of losing $100 will ________ the pleasure of gaining $100. A) equal B) be less than C) be greater than D) None of the above answers are correct because we cannot compare the pain of losing to the pleasure of gaining.

Economics

Place point Y on the graph to indicate a deep depression.

Economics

When the Federal Reserve buys bonds on the open market, it decreases the money supply

Indicate whether the statement is true or false

Economics

What are the benefits of bankruptcy laws that enable lenders to seize the assets of firms that default on loan contracts?

What will be an ideal response?

Economics