Since 1980, changes in the nature of both the M1 and M2 money supply have
a. increased their reliability as indicators of monetary policy.
b. decreased their reliability as indicators of monetary policy.
c. had no effect on their reliability as indicators of monetary policy.
d. decreased their reliability as indicators of fiscal policy.
B
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What is the shape of the long-run aggregate supply curve? Why?
What will be an ideal response?
Any adult who does not have a job is counted as unemployed
a. True b. False Indicate whether the statement is true or false
Differentiate between the current account balance and the capital account balance.
What will be an ideal response?
An industry has a single firm, and is found to have violated antitrust laws. The government breaks its up into two firms that will share the market equally. The Herfindahl index for this industry would change from:
A. 100 to 50 B. 10000 to 2500 C. 100000 to 50000 D. 10000 to 5000