Monetary Policy Shortcomings ?


1. Money Multiplier Inaccuracy

2. M1 or M2?

3. Lags in Monetary Policy

a. Inside lags

b. Outside lags

Economics

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Most of what we buy and sell never makes it out of domestic markets

Indicate whether the statement is true or false

Economics

According to the graph shown, if a firm is producing at Q2:

This graph represents the cost and revenue curves of a firm in a perfectly competitive market.

A. profits are being maximized.
B. average total costs are minimized.
C. it is producing at an efficient scale.
D. All of these are true.

Economics

Which of the following examples is the only scenario that maximizes profits?



a. Cheap Energy stays at q1.
b. Cheap Energy moves from q1 to q*.
c. Cheap Energy moves from q1 to q2.
d. Cheap Energy stays at q2.

Economics

Which of the following is FALSE?

A) Economies of scale may be internal, external, or both. B) With internal economies of scale, the gains from trade include a wider selection of consumer choices and lower prices. C) With external economies of scale, the gains from trade are less certain since, in theory, they can lock in production in a less efficient country and prevent the development of production in a more efficient country. D) Internal economies of scale lead firms to regionally concentrate their industry.

Economics