Suppose That There Is a Financial Crisis,and People Choose to Spend

question 128

Multiple Choice

Suppose that there is a financial crisis,and people choose to spend less.As a result,velocity drops by 5 percent.According to market monetarists,if the GDP target growth rate is 3 percent,the Fed would need to increase the money supply by ______________ percent in order to achieve their GDP target.

• A) 8
• B) 2
• C) 4
• D) 5

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Definitions:

Os Coxa

A large, irregular bone forming part of the pelvis, complexly made up of the ilium, ischium, and pubis.

Acetabulum

A deep, cup-shaped structure that forms the socket of the hip joint, receiving the head of the thigh bone (femur).

Iliac Crest

The uppermost edge of the ilium, part of the hip bone, which serves as an attachment point for muscles and ligaments.

Medial Cuneiform

A bone in the foot located at the base of the first metatarsal bone, contributing to the arch of the foot.