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Author Question: A relatively steep money demand schedule reflects the assumption that the interest elasticity of ... (Read 35 times)

Tirant22

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on: Jun 30, 2018
A relatively steep money demand schedule reflects the assumption that the interest elasticity of money demand is
 
  a. low (in absolute value).
  b. high (in absolute value).
  c. zero.
  d. indefinite.

Question 2

In the United States, the strategy of monetary policy
 
  a. has not changed even as the economic environment has varied.
  b. has been to target interest rates.
  c. has been to target the money supply.
  d. None of the above


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mohan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Tirant22

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

smrtceo

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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