Economists who propose a constant-money-growth-rate rule often argue that setting the annual growth rate in the money supply equal to the average annual growth rate in Real GDP
A) maintains price level stability over time.
B) is a way to raise Real GDP.
C) will cause the price level to fall over time.
D) a and b
E) a, b and c
A
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Vesting refers to
A) the right of the holder of an insurance policy to collect for an insurable event. B) the shielding of returns on whole life policies from taxation. C) the length of service required of an employee before he or she is eligible for a pension. D) the payments made by an employee into a pension plan.
If the earnings report of a firm indicates higher earnings than was expected by the investors:
a. the stock prices of the firm will decline. b. the price of the product produced by this firm will decline. c. the price of the product produced by this firm will rise. d. the firm will spend more on advertising. e. the stock prices of this firm will increase.
It is easy to manage cartels in an industry that produces seasonal goods
a. True b. False Indicate whether the statement is true or false
If the government undertakes expansionary fiscal policy, it:
A. should force people to change their spending patterns. B. expects aggregate demand to decrease. C. expects aggregate demand to increase. D. could increase income taxes.