Author Question: An example of Friedman's k-percent rule is A) do not change the growth rate of the quantity of ... (Read 112 times)

wenmo · **on:** Jun 29, 2018

An example of Friedman's k-percent rule is

A) do not change the growth rate of the quantity of money.
B) every time GDP decreases, decrease the growth rate of the quantity of money.
C) set the growth rate of the quantity money equal to the unemployment rate.
D) every time GDP decreases, increase the growth rate of the quantity of money.
E) use all information available to determine the growth rate of the quantity of money each time GDP changes.

Question 2

The brewing industry is dominated by a small number of very large producers who sell a differentiated product. The market structure that best fits the brewing industry is probably

A) perfect competition.
B) monopolistic competition.
C) monopoly.
D) oligopoly.