Author Question: An economic policy has a decent chance of working as intended, if ________. A) the policy causes ... (Read 70 times)

bclement10 · **on:** Jun 30, 2018

An economic policy has a decent chance of working as intended, if ________.

A) the policy causes no change in expectations
B) if mistaken expectations are not very costly
C) the rationale behind the policy is well-understood by the public
D) expectations are formed in the same way by both the public and the policymakers

Question 2

Most of the increase in the monetary base between 2007 and 2012 was due to increases in:

A) currency
B) bank deposits
C) excess reserves
D) Treasury bills