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Author Question: The Friedman Rule is optimal because A) households would be able to buy more as prices decrease. ... (Read 32 times)

jlmhmf

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on: Jun 30, 2018
The Friedman Rule is optimal because
 
  A) households would be able to buy more as prices decrease.
  B) the central bank has better control of the money supply.
  C) money is neutral.
  D) households are indifferent between holding bonds and money.

Question 2

The real wage denotes
 
  A) the number of units of consumption goods that can be exchanged for one unit of labor time.
  B) the number of units of labor time that can be exchanged for one unit of consumption goods.
  C) the number of units of labor time that can be exchanged for one unit of leisure time.
  D) the number of units of leisure time that can be exchanged for one unit of labor time.


bigcheese9

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

D

Answer to Question 2

A


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