If V is constant, the rate of growth of M that is consistent with a stable price level is
A) zero.
B) the rate of growth of PQ.
C) the rate of growth of Q.
D) the expected rate of inflation.
E) none of the above
C
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Frequently, a public good can be adequately provided by private action when its benefits are
a. concentrated among a small number of people. b. equally valued by everyone. c. widespread. d. greater than its costs.
When countries try to ban child labor,
A) most children start to attend school. B) family poverty decreases. C) child labor often goes underground, with children working in the informal economy, family enterprises and remote areas. D) GDP increases.
According to 2014 data on the U.S. population, which of the following groups of adults of prime working age (ages 25-54) had the highest unemployment rate?
a. white males b. white females c. black males d. black females
The federal funds rate isThe federal funds rate is
A. The required reserve ratio that the federal reserve requires banks to maintain B. The interest rate that banks charge for loans to its important commercial borrowers C. The interest rate that banks charge each other for overnight loans