Which statement best summarizes

Assignment Help Macroeconomics
Reference no: EM131030525

Which statement best summarizes Friedman's views on the role of monetary policy?

Monetary policy should best be conducted by:

1.controlling the price level

2.controlling the interest rate

3. controlling the exchange rate

4. targeting the inflation rate

5. none of the above

Reference no: EM131030525

Questions Cloud

Research unemployment and inflation : Research unemployment and inflation.Use your course materials and the Internet for your research. Use the following to guide your research:Examine articles discussing unemployment and inflation rates within the last 12 months.
Describe the value effect and the volume effect : Describe the "value effect" and the "volume effect" using the following two equations:  Trade Balance = Pexports x Qexports - Pimports x Qimports AND Pimports = E x P*
In what ways can president have a impact on domestic policy : In what ways can the president have a direct impact on domestic policy reform? Be sure to cite readings whenever possible.
Inflation is a a term that is widely used in economics : Inflation is a a term that is widely used in economics. What happens when there is an Increases in the rate of inflation
Which statement best summarizes : Which statement best summarizes Friedman's views on the role of monetary policy? Monetary policy should best be conducted by: 1.controlling the price leve
In friedman''s interpretation of the philips curve : In friedman's interpretation of the philips curve, an expansionary monetary: 1.increase both inflation and nominal output in the short run and long
Discuss the shift in the international trade of goods : Discuss the shift in the international trade of goods and services in the past two decades
What are some of key factors that might impact environment : What are some of the key factors that might impact the environment for a public agency? How can administrators address/predict/react to these factors?
Explain the consumption function : CONSUMPTION C =100+0.85Yd 1. explain the consumption function

Reviews

Write a Review

Macroeconomics Questions & Answers

  Show the competitive position more different firms

Show the competitive position of 5 or more different firms within this industry

  The present market conditions for the xerox corp

the present market conditions for the Xerox corp by addressing the price elasticity of demand for the company.

  As a monopoly is the only source of supply

As a monopoly is the only source of supply, consumers are entirely at its mercy. There is no limit to the price the monopoly can chargeâ. Evaluate this statement.

  How many sets does venezuela produce

Suppose venezuela imports TV sets at a price of $150 each. Under free trade, how many sets does Venezuela produce, consume, and import?

  Compute the annual growth rate of dividends

Compute the growth rate of the dividend, g. (You can either compute the ROE*plowback ratio or compute the annual growth rate of dividends) e) Based on this information, what should the price of the stock be today using the constant-growth dividend ..

  Adjusted gross income by entering the following information

Compute Pierre Lappin’s adjusted gross income by entering the following information on Form 1040: $50,000 salary, $5,000 qualified dividend income, $3,000 interest income from corporate bonds

  Explain why the fed can attempt to target either changes in

Explain why the Fed can attempt to target either changes in the money supply or changes in interest rates, but not both. Your response should be at least 75 words in length.

  What are two basic choices for get out of financial trouble

What are the two basic choices for them to get out of financial trouble Explain the impact of each. Why are some states playing for a federal bailout if needed. How is that like a game of Chicken Explain. Why would the New Congress do better to le..

  Provide three reasons for being concerned about this recomme

Stabilization policy holds that during periods of poor economic performance government should engage in expansionary policies but during periods of poor economic performance government should engage in contractionary policies. Provide three reasons f..

  What combination would cause a shift from ad1 to ad3

If people expected that a tax cut was temporary, then this fiscal policy's effect on the economy will tend to be, When the federal government uses taxation and spending actions to stimulate the economy it is conducting,What combination would most li..

  What are the independent and dependent variables

A group of college students were given a short course in speed-reading. The instructor was curious if a monetary incentive would influence performance on a reading test taken at the end of the course. Half the students were offered $5 for obtainin..

  Which person has an absolute advantage in which activities

If she apportions some resources to each then she can produce any linear combination of chickens and potatoes that lies between those extreme points. If James devotes all his resources to growing potatoes, he can raise 80 pound of potatoes per yea..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd