Which of the following groups is associated with the policy recommendation that the money stock should grow only at the rate of growth in real GDP?
A. Monetarists
B. Keynesians
C. Classical quantity theorists
D. Economic behaviorists
A. Monetarists
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Which of the following statements is true?
A) Theories are statistics that describe the real world. B) Hypotheses are predictions that can be tested with data. C) Data are facts established by observation and measurement. D) Empirical evidences are facts, measurements, or statistics that describe the world.
How does a monopoly transfer consumer surplus to itself?
What will be an ideal response?
The federal government's support of farm prices in the United States has affected the value of farm property
Indicate whether the statement is true or false
A. boiling temperature unit. B. base tax utility. C. British thermal unit. D. base technology utility
A. raise the temperature of one pound of water by one degree Fahrenheit. B. boil one gallon of water for one minute. C. raise the air temperature one degree Celsius for one hour. D. raise the temperature of one pint of water by one degree Celsius.