Monetary policies are designed to affect the
A. quantity of money.
B. denominations of currency.
C. size of income tax brackets.
D. volume of tax revenues.
Answer: A
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The expectation that increased employment improves one's chances of escaping poverty is fully supported by available data
Indicate whether the statement is true or false
If the percentage change in the quantity demanded of a good is greater than the percentage change in price, price elasticity of demand is:
a. elastic. b. inelastic. c. perfectly inelastic. d. perfectly elastic.
If the U.S. government's borrowing needs increase, in the bond market this would be seen as the:
A. bond demand curve shifting right. B. bond demand curve shifting left. C. bond supply curve shifting right. D. bond supply curve shifting left.
Better technology means that more output in the U.S. economy can be produced:
A. With a greater amount of energy input B. With the same amount of energy input C. But it will lead to a fall in the standard of living D. But it will lead to a rise in population growth