Which of the following is the objective of expansionary monetary policy?
A. an increase in employment
B. a decrease in employment
C. an increase in the velocity of money
D. an increase in prices proportional to the rise in the money supply
Answer: A
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Cyclical unemployment is the result of the business cycle
a. True b. False Indicate whether the statement is true or false
The efforts to revive the economy in 2009 through 2011 were drawn from
A. new tools of monetary policy. B. the traditional tools of monetary policy. C. discretionary fiscal policy. D. all of the options are correct.
A business enterprise in which employees must belong to the union before they can be hired is
A) a closed shop. B) a union shop. C) a jurisdictional dispute. D) an industrial union.
Because the monopolist is the sole producer of a good, it can never incur a loss.
Answer the following statement true (T) or false (F)