Which of the following theories favor(s) a simple money growth rate rule?
a. real business cycle theory
b. The monetarist theory
c. new classical theory
d. All of the above
e. None of the above
Question 2
What did the Economic Act of 1946 require the U.S. government to do?
(a) Keep its hands off the economy
(b) Present an annual Economic Report of the President
(c) Let market forces determine equilibrium quantities of labor hired and wages paid
(d) Maintain a current account surplus where U.S. exports exceeded imports each year