An expansionary monetary policy may be less effective than a restrictive monetary policy because:
A. the Federal Reserve Banks are always willing to make loans to commercial banks that are
short of reserves.
B. fiscal policy always works at cross purposes with an expansionary monetary policy.
C. changes in exchange rates complicate an expansionary monetary policy more than they do
a restrictive monetary policy.
D. commercial banks may not be able to find good loan customers.
D. commercial banks may not be able to find good loan customers.
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Policies which promote good governance of a society are:
A. based on favoritism. B. not important to pursue in developing countries. C. central to economic growth. D. uncommon in nations with high growth rates.
In most industries, deregulation has led to lower prices
a. True b. False Indicate whether the statement is true or false
If you computed nominal GDP every year over a decade, which is fixed or held constant over these years?
A. prices B. quantities C. neither prices nor quantities
When crowding out occurs in an economy, it can reduce expenditures for
A. business investments.
B. both consumer purchases and business investments.
C. consumer purchases.
D. government purchases.