ECO4223 final exam march 2017
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ECO4223 final exam march 2017 1
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Question
Question 1
Which of the following is NOT considered to be a goal of monetary policy?
a. fair wages
b. high employment
c. economic growth
d. price stability
2 points Saved
Question 2
Inflation is an economic problem because it
a. leads inevitably to unemployment.
b. makes prices less useful as signals for resource allocation.
c. leads to recession.
d. results in rapid increases in the money supply.
2 points Saved
Question 3
An open market purchase
a. decreases the price of Treasury secur...
- Exam (elaborations)
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ECO4223 final exam march 2017•ECO4223 final exam march 2017
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Question
Question 1
Which of the following is NOT considered to be a goal of monetary policy?
a. fair wages
b. high employment
c. economic growth
d. price stability
2 points Saved
Question 2
Inflation is an economic problem because it
a. leads inevitably to unemployment.
b. makes prices less useful as signals for resource allocation.
c. leads to recession.
d. results in rapid increases in the money supply.
2 points Saved
Question 3
An open market purchase
a. decreases the price of Treasury secur...