A bank run involves a large inflow of money into commercial banks
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is NOT an advantage of inflation targeting?
A) reduction of the time-inconsistency problem B) increased monetary policy transparency C) There is an immediate signal on the achievement of the target. D) consistency with democratic principles
If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors
a. True b. False Indicate whether the statement is true or false
Common property often results in
A. exclusive rights of ownership. B. more efficient production of goods. C. a negative externality. D. a social benefit.
Which of the following programs is off-budget?
A. Medicare B. Defense C. Student loans D. Interest on the debt