Monetary policy affects------. Select one: a. output only b. both inflation and output c. inflation only d. neither inflation nor output

Fiat money is Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a anything that serves as a means of payment by government declaration. b any currency made of paper. money that is backed by gold. C d. money with intrinsic value like gold coins.

What happens when a central bank pursues inflation targeting?     A. The policy actions that central banks use to achieve the inflation target are kept secret.   B. With inflation targeting, the United States would be more successful at achieving low and stable inflation.   C. Many central banks achieve their inflation target at the expense of extremely high unemployment.   D. The bank announces an explicit inflation target and the public is confident the bank's policy will achieve that target. thank you!!

3. The channels through which monetary policy affects economic activity are called? A. Transmission mechanisms of monetary policy. B. Flow mechanisms of monetary policy. C. Distribution mechanisms of monetary policy. D. Allocation mechanisms of monetary policy.

The Federal Open Market Committee a. by law must focus on maintaining low inflation rather than stabilizing output b. by law must focus on stabilizing output rather than maintaining low inflation. c. by law must follow a mechanical rule that takes into account deviations of unemployment from its natural rate and deviations of inflation from a target. d. operates with almost complete discretion over monetary policy.

What are the two goals of monetary policy? Oa. Maximum employment and low and stable inflation Ob. Maximum employment and high and stable inflation Oc. Minimum employment and stable inflation Od. Controlled government spending and low taxes

Money has time value: Solve, a. Because it has “earning power” b. Because of inflation c. Because it earns interest d. All of the above.

Write a sentence or two defining the following terms in your own words. Give examples of each. a. Federal Reserve b. Frictional c. Resources

Economics If the Fed wants to move from a point on the​ short-run Phillips curve representing high unemployment and low inflation to a point representing lower unemployment and higher​ inflation, then it should A.use contractionary monetary policy. B.use expansionary fiscal policy. C.use expansionary monetary policy. D.use a combination of expansionary monetary and fiscal policies.

In the short run, expansionary monetary or fiscal policy is expected to O increase; decrease. inflation and output. increase; increase. decrease; decrease. O decrease; increase.