If velocity and output were nearly constant, then
a. the inflation rate would be much higher than the money supply growth rate.
b. the inflation rate would be about the same as the money supply growth rate.
c. the inflation rate would be much lower than the money supply growth rate.
d. any of the above would be possible.
b
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The following estimation methods should not be used to test for randomization when Xi, is binary:
A) linear probability model (OLS) with homoskedasticity-only standard errors. B) probit. C) logit. D) linear probability model (OLS) with heteroskedasticity-robust standard errors.
The ratio of money created by the lending activities of the banking system to the money created by the government's central bank is called the:
A. money multiplier. B. reserve ratio. C. federal funds. D. demand deposits.
Which of the following is nonexcludable and rivalrous?
a. Common resource b. Positive externality c. Intellectual property d. Public good
Since the 1970s, the percentage of women preparing for careers in professions has been ____, while the female/male earnings ratio has been ____ during this same period
a. rising; declining b. rising; increasing c. falling; increasing d. falling; declining