Author Question: Fine tuning represents which of the following? A) policy makers' attempts to minimize the ... (Read 97 times)

fagboi · **on:** Jun 30, 2018

Fine tuning represents which of the following?

A) policy makers' attempts to minimize the deviations of actual output from the natural level of output
B) policy makers' attempts to achieve zero inflation
C) policy makers' attempts to minimize fluctuations in interest rates
D) policy makers' attempts to maintain a given rate of growth in the nominal money supply
E) policy makers' attempts to minimize variations in the real exchange rate

Question 2

Explain what is meant by the fertility and appropriability of the research process.

What will be an ideal response?

scottmt · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

The fertility of research indicates the extent to which research yields new ideas. The appropriability refers to the extent to which firms can benefit from these new ideas.