Why have economists abandoned the use of money-growth rules in the United States? Explain.

What will be an ideal response?


Instability in money demand has led economists to abandon the use of money-growth rules for the United States. Financial innovations have changed the relationship between money and other variables, and velocity has become less predictable. As a result, the relationship between money growth and inflation has become too difficult to predict, and this has made it even more difficult to use money-growth rules.

Business

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What will be an ideal response?

Business

Which of the following statements is true regarding the recommendation of a product by customers?

A. Customers are never reluctant to recommend a product when they have had a great experience. B. When the content on a firm's social media site is easily shareable, satisfied customers recommend it more. C. Customers recommend when a company performs well, even when the performance is not consistent. D. The product offered by a firm need not be great but should make the customer believe it is great and long enough to recommend it. E. Customers doubt a firm's credibility when it tries to ask for recommendations from them.

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What will be an ideal response?

Business

Research used to track overall service quality that will be used for bonuses and salary increases of salespeople should have statistical validity.

Answer the following statement true (T) or false (F)

Business