Monetarists argue that ________ should grow at a rate equal to the average growth of real output.
A. the money supply
B. the personal income tax rate
C. per-capita nominal GDP
D. the velocity of money
Answer: A
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If Dave and Jesse are the only two fishermen in town and neither is bothered by the other's fishing, the lake they fish in is not a common resource
a. True b. False Indicate whether the statement is true or false
One factor which may be helping to raise our rate of productivity growth is our
A. improving computer literacy rate. B. improving educational system. C. rising rate of saving. D. declining rate of immigration.
The distinction between discretionary fiscal policy and the use of automatic stabilizers is that _____
Fill in the blank(s) with the appropriate word(s).
Use the following table, which shows the supply and demand schedules for the euro, to answer the next question.Quantity of Euros SuppliedPriceQuantity of Euros Demanded400$1.101003601.002003000.903002860.804002670.70500If the U.S. government decides to fix or peg the price of the euro at $1.00, it would have to ________.
A. buy 160 euros B. sell 160 euros C. buy 360 euros D. sell 360 euros