This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a problem in pursuing monetary policy? A) The lag between a change in ... (Read 80 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
Which of the following is a problem in pursuing monetary policy?
 
  A) The lag between a change in the quantity of money and its effect on economic activity may be long.
  B) The Fed must reveal to the public anytime the Fed changes its policy.
  C) Monetary policy must be approved by the Congress.
  D) The Fed cannot control the federal funds rate.
  E) None of the above answers is correct.

Question 2

Explain the objective of the benevolent social planner.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

The only goal of the benevolent social planner is to maximize the size of the economic pie, and she does this by using positive economic analysis in advising whether society is making the most of its scarce resources.




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 29, 2018
Wow, this really help


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library