Inflation targeting refers to conducting ________ policy so as to commit the central bank to achieving a ________
A) monetary; publicly announced level of inflation B) fiscal; publicly announced level of inflation
C) fiscal; zero inflation rate D) monetary; zero inflation rate
A
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How many times has the Fed has changed reserve requirements since 1993?
A) never B) about once a year C) only once D) only twice
Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary
When deciding whether to undertake a large public works project (such as building a road, bridge, sports venue, etc.) the government must determine not only the costs, but also
A) the needs of the contractors. B) the benefits to the community. C) the restrictions on labor unions. D) the competition from other governments.
Refer to the given data. Assuming the prices of resources a and b are $5 and $8 respectively, what is the least costly combination of resources for the firm to employ in producing 192 units of output?
Answer the question on the basis of the following marginal product data for resources a and b. The output of these independent resources sells in a purely competitive market at $1 per unit.
A. 2 of a and 6 of b.
B. 6 of a and 2 of b.
C. 4 of a and 3 of b.
D. 3 of a and 4 of b.