Stabilizing a nation's price level and the purchasing power of its money can be achieved:
A. only with fiscal policy.
B. only with monetary policy.
C. with both fiscal and monetary policy.
D. with neither fiscal nor monetary policy.
C. with both fiscal and monetary policy.
You might also like to view...
Which of the following is true?
A) MSB = MB + Marginal external benefit. B) MB = Marginal external benefit - MSB. C) MB = Marginal external benefit + MSC. D) MSB = Marginal external cost - marginal external benefit. E) MSB = MB + Marginal external benefit - Marginal external cost.
The production possibilities curve marks the boundary between attainable and unattainable combinations of output
a. True b. False Indicate whether the statement is true or false
One of the key factors in raising people in low-income countries out of the worst kind of poverty is whether they can
a. receive unemployment compensation. b. attend college or vocational school. c. make a connection to a somewhat regular wage-paying job. d. be protected by labor laws and unions.
If your state legislature passes legislation requiring motorcycle riders to wear helmets, then helmets are
a. merit goods b. goods that everyone wants c. public goods d. nonrival goods e. nonexclusive goods