Author Question: Monetarists argue that the Federal Reserve should allow the money supply to grow: a. counter to the ... (Read 60 times)

HCHenry · **on:** Jun 30, 2018

Monetarists argue that the Federal Reserve should allow the money supply to grow:
a. counter to the business cycles.
b. faster than 10 percent annually.
c. only during recessions.
d. at a constant rate.

Question 2

Full employment is the situation in which the economy operates at an unemployment rate equal to the sum of:
a. structural and frictional unemployment.
b. cyclical and frictional unemployment.
c. structural and cyclical unemployment.
d. structural, frictional, and cyclical unemployment.