The routes or channels that ripple effects created in the money market travel to impact the goods-and-services market are known as
A) the transmission lag.
B) monetary policy.
C) the liquidity trap.
D) the transmission mechanism.
D
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Which of the following is an economic policy that promotes the efficient quantity of apartments?
A) a rent floor above the equilibrium rent B) a rent ceiling below the equilibrium rent C) a sales tax imposed on renting an apartment D) none of the above
A private good is
A) a good that is rival and excludable. B) a good that is rival and nonexcludable. C) a good that is nonrival and excludable. D) a good that is nonrival and nonexcludable.
Assuming that rational expectations theory does not hold, if a central banks attempts to reduce the inflation rate what happens to the unemployment rate in the short-run?
the multiplier makes the economy less sensitive to changes in autonomous expenditure
a. true b. false