Money targeting works when the demand for money curve is ________ and predictable. Technological change in the banking system has led to ________ and ________ shifts in the demand for money curve
A) stable; large; predictable
B) unstable; large; unpredictable
C) stable; small; unpredictable
D) stable; small; predictable
E) stable; large; unpredictable
E
You might also like to view...
The interest rate is 5 percent. How does $500 to be received a year from today compare in value to $500 right now?
What will be an ideal response?
If smartwatches are considered substitutes for smartphones, the increase in the price of smartwatches would, all else equal,
A) increase the demand for smartphones. B) decrease the demand for smartphones. C) decrease the quantity of smartphones demanded. D) increase the quantity of smartphones demanded.
Suppose that you can schedule a worker for up to 4 hours per day. The total benefit and total cost functions are B(H) = 1,300H - 20H2 and C(H) = 500H + 60H2. The corresponding formulas for marginal benefit and marginal cost are MB(H) = 1,300 - 40H and MC(H) = 500 + 120H. For how many hours should you schedule the worker?
A. 11.25 hours B. 2.5 hours C. 5 hours D. 0 hours
In his book The Other Path, de Soto suggests that the key to economic development is
A. Limiting capitalism and profit takers. B. Transactions within the "official" economy. C. Government control of resources. D. Entrepreneurship and market forces.