The right to private property and ability to exchange goods and services freely is known as
A) political freedom.
B) economic freedom.
C) constitutional freedom.
D) external freedom.
B
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Suppose that the Fed has decided to utilize the Taylor rule to implement monetary policy
If the actual federal funds rate target is presently below the level specified by the Taylor rule and has been lower then this level for several weeks, then this would be a signal that A) monetary policy is very expansionary. B) monetary policy is very contractionary. C) the Fed should halt efforts to target the money supply. D) the Fed should switch to targeting the money supply instead of the federal funds rate.
Using open market operations to create or reduce deposits has two advantages over other tools. Those advantages are
a. secrecy and security b. precision and effectiveness c. secrecy and effectiveness d. security and precision e. precision and secrecy
Government expenditures on capital goods such as roads could increase aggregate supply. Such effects on aggregate supply are likely to matter more in the short run than in the long run
a. True b. False Indicate whether the statement is true or false
Recall the Application about the free-agent market for professional baseball pitchers to answer the following question(s).Recall the Application. Baseball players who switch teams are more likely to suffer from injuries because the player's ________ team has superior information concerning the health of the player and, if they believe the player will be prone to injury in the future, they ________ be willing to outbid another team.
A. new; will not B. old; will not C. new; will D. old; will