If Both Money Demand and Commodity Demand Are Unstable,as Many

question 63

Multiple Choice

If both money demand and commodity demand are unstable,as many activists believe,which type of policy target would most likely lead to a stable economy? (assume no supply-side shocks,and a fixed price level)

• A)money supply target
• B)real GDP target
• C)interest rate target
• D)none of the above

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Definitions:

Self-Esteem

The beliefs we have about our own worth following the self-evaluation process.

Cheerfulness

A state of being visibly happy, positive, and showing a bright outlook.

Emotional Labor

The process of managing one’s feelings to present positive emotions even when they are contrary to one’s actual feelings.

Display Rules

Basic norms that govern which emotions should be displayed and which should be suppressed.