In its earliest years, the Federal Reserve's guiding principle for the conduct of monetary policy was known as the
A) real bills doctrine.
B) liberal liquidity doctrine.
C) free reserves doctrine.
D) quantity theory of money.
A
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The above figures show the market for HD televisions. If more firms start to produce HD televisions , which figure shows the effect of this change?
A) Figure A B) Figure B C) Figure C D) Figure D E) None of the figures represent this change.
To incentivize employees
a. Measure performance, whether formally or informally b. Tie the performance metrics to compensation c. All of the above d. None of the above
When looking at the economic impact of the increase in donations to relief agencies that resulted from the terrorist attacks, you will find that GDP
A. was positively affected by this giving. B. was negatively affected by this giving. C. was unaffected by this giving. D. calculations were outsourced to Bangladesh.
Which of the following groups believe that lower tax rates will increase the incentives to work, invest, and produce?
A. Monetarists. B. Supply-siders. C. New classical economists. D. Keynesians.