National output is a function of ________
A) capital and saving
B) technology, employment and demand
C) labor and depreciation
D) labor, technology and capital
D
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In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, an increase in the reserve requirement ________ the demand for reserves, ________ the federal funds rate, everything
else held constant. A) decreases; lowering B) increases; lowering C) increases; raising D) decreases; raising
Money, such as gold, with some intrinsic value is called _____. Money with no intrinsic value is called _____
Fill in the blank(s) with correct word
Which of the following factors are involved in monopolistic competition?
a. operates at minimum ATC; allocative inefficiency; productive efficiency b. fails to operate at minimum ATC; allocative inefficiency; productive inefficiency c. operates at minimum ATC; allocative efficiency; productive inefficiency d. fails to operate at minimum ATC; allocative efficiency; productive efficiency
What advantages does monetary policy have over fiscal policy?
What will be an ideal response?