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Author Question: The supporters of a monetary growth rule believe that active monetary policy A) stabilizes the ... (Read 115 times)

rachel9

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The supporters of a monetary growth rule believe that active monetary policy
 
  A) stabilizes the economy, decreasing the number of recessions and their severity.
  B) destabilizes the economy, increasing the number of recessions and their severity.
  C) cannot change real GDP.
  D) cannot change the inflation rate.

Question 2

Refer to Table 2-5. What is Estonia's opportunity cost of producing one board foot of lumber?
 
  A) 0.2 cell phones B) 5 cell phones C) 8 cell phones D) 32 cell phones



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nathang24

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Answer to Question 1

B

Answer to Question 2

A




rachel9

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Reply 2 on: Jun 29, 2018
Excellent


lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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