Recent financial innovation makes the Federal Reserve's job of conducting monetary policy
A) easier, since the Fed now knows what to consider money.
B) more difficult, since the Fed now knows what to consider money.
C) easier, since the Fed no longer knows what to consider money.
D) more difficult, since the Fed no longer knows what to consider money.
D
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Positive economics is a(n):
a. reflection of a country's values. b. judgment of the correctness of an economic outcome. c. statement of fact. d. analysis of what ought to be. e. analysis of all the good market outcomes.
The Decentralized System Structure and Its Philosophy
What will be an ideal response?
he condition where the opportunity cost of producing additional units of a good rises as society produces more of that good is known as ______.
a. increasing opportunity cost b. deceasing production possibilities c. efficient opportunity allocation d. increasingly scarce efficiency
The market demand curve:
A. shows the relationship between the price of a good and the quantity that all consumers together are willing to buy. B. is drawn assuming that variables such as income and tastes are variable. C. is drawn assuming that the number of consumers is variable. D. is drawn assuming that the selling price is fixed.