Author Question: The expansion induced by a rise in the money stock will be greatest A) the higher the level of ... (Read 63 times)

awywial · **on:** Jun 30, 2018

The expansion induced by a rise in the money stock will be greatest

A) the higher the level of capital mobility in an economy.
B) the lower the level of capital mobility in an economy.
C) when the economy has a fixed exchange rate.
D) when this rise is fully sterilized by the monetary authority.

Question 2

The African agrarian system is characterized by

(a) absentee landlords.
(b) a dual agrarian system known as latifundio-minifundio.
(c) land fragmentation.
(d) shifting cultivation.