Under fixed exchange rates
A) monetary policy is not an effective policy.
B) fiscal policy is not an effective policy.
C) monetary policy and fiscal policy are not effective.
D) both monetary and fiscal policies are effective.
E) monetary policy has an unpredictable effect on the domestic money supply.
A
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See table below. Does production exhibit increasing costs? Which ring and machine combination will achieve the highest growth in the production of mood rings? Saturn Rings Machines 30 0 20 5 10 8 0 10
What will be an ideal response?
If the natural rate of unemployment in a country is 6% and the unemployment rate in the country is 8%, the cyclical unemployment in the country must be:
A) 8%. B) 6%. C) 14%. D) 2%.
Describe the policy of "outright monetary transactions" or 0MT presented by the president of the European Central Bank in 2012
What will be an ideal response?
The CPI is a useful index for all of the following reasons except
A. it is used to determine whether people's incomes are keeping up with the costs of the things they buy. B. it is used to measure changes in the cost of living. C. it used to measure the average price level of all final goods and services produced. D. it is used to compute the U.S. inflation rate.