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Author Question: Which of these is an advantage of long-term contracts in resource markets? a. Long-term contracts ... (Read 158 times)

Pea0909berry

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on: Jun 30, 2018
Which of these is an advantage of long-term contracts in resource markets?
 a. Long-term contracts decrease the duration of recessionary gaps.
  b. Long-term contracts reduce unemployment below its natural rate.
  c. Long-term contracts help avoid recession in an economy.
 d. Long-term contracts increase the flexibility of nominal wages.
  e. Long-term contracts reduce the average cost of negotiation.

Question 2

Over the past 40 years, the most frequent target for the Fed's monetary policy has been the:
 a. prime interest rate.
 b. federal funds rate.
 c. M1 money supply.
 d. M2 money supply.
 e. required reserve ratio.


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honnalora

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


Pea0909berry

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

matt95

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Reply 3 on: Yesterday
Excellent

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