Examlex
Which of the following are TRUE regarding Milton Friedman's k-percent money targeting rule?
i.Currently this policy is used by many policy makers.
ii.This rule sets the growth rate of the quantity of money independently of the economy's behaviour.
iii.For this policy to work well,the velocity of circulation must be stable.
Compensatory Damages
Monetary awards given to individuals in civil lawsuits to compensate for losses, harm, or injuries caused by others' actions.
Breach of Contract
The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.
Federal E-SIGN Act
A U.S. law enacted in 2000 that ensures the validity and legal effect of contracts entered into electronically.
Online Contracting
The process of forming contracts over the internet, involving the offer, acceptance, and consideration elements typical of traditional contracting.
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