Setting an explicit numerical inflation target is most associated with the goal(s) of:
A. accountability.
B. both transparency and accountability.
C. transparency.
D. neither transparency nor accountability; it's about moral hazard.
Answer: B
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Given the information in Figure 14.4, the competitive wage rate is:
A) W1. B) W2. C) W3. D) W4. E) none of the above
Figure 3.4 illustrates the demand for tacos. A decrease in the demand for tacos is represented by the movement from:
A. point a to point b. B. point c to point b. C. D2 to D1. D. D0 to D1.
In using regression analysis to estimate demand, which of the following problems is most directly a result of insufficient data?
A) the identification problem B) the problem of a low R2 C) the problem of high standard errors D) the problem of insignificant F-statistics
The principal difference between income and money is that income is a ____ and money is a ____
a. schedule, curve b. point, line c. stock, flow d. flow, stock