Which of the following might the Fed rely on as an intermediate target?
A) The monetary base
B) The discount rate
C) M2
D) The exchange rate of the dollar
C
You might also like to view...
Which of the following statements is true of a monopolist's supply curve?
A) The supply curve is vertical. B) The supply curve is upward sloping. C) The supply curve is downward sloping. D) A monopolist does not have a supply curve.
Long-run equilibrium under monopolistic competition is similar to that under perfect competition in that
A) firms produce at the minimum point of their average cost curves. B) price equals marginal cost. C) firms earn normal profits. D) price equals marginal revenue.
If the demand for money depends on the interest rate, velocity is
A. constant, and the quantity theory of money does hold. B. constant, and the quantity theory of money does not hold. C. not constant, and the quantity theory of money does not hold. D. not constant, and the quantity theory of money does hold.
According to the Five Forces Model, ________ are the five competitive forces that determine the level of competition and profitability in an industry.
A. rivals, consumers, labor, weather, and government B. buyers, suppliers, government, foreign competition, and weather C. rivals, buyers, suppliers, substitutes, and potential entrants D. None of the above is correct.