In the monetarist view, the money supply affects the economy
a. through investment spending and government spending.
b. indirectly through interest rates.
c. directly, apart from interest rates.
d. by altering the size of the money multiplier.
c
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The market-based system which allocates tradeable pollution permits to companies is known as a cap-and-trade system
Indicate whether the statement is true or false
A closer relationship exists between GDP and nonresidential investment than between business profits and investment spending
Indicate whether the statement is true or false
It is possible to purchase diplomas from diploma mills. The situation in which the degrees are more important than the knowledge they are supposed to represent is called:
A. accreditation. B. credentialism. C. cretinism. D. diplomacy.
ISI policies were brought to an end primarily by
A) their inability to solve the crises of the 1980s. B) authoritarian governments interested in total control over the economy. C) populist politicians. D) protests by consumers.