A Monetary Policy Rule

question 49

Multiple Choice

A monetary policy rule:

• A) must specify money growth at a constant rate.
• B) must specify an active policy.
• C) must specify a passive policy.
• D) may specify either an active or a passive policy.

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Definitions:

Sales Contract

A contract for the sale of goods, as opposed to a contract for the sale of services, real property, or intangible property. Sales contracts are governed by Article 2 of the Uniform Commercial Code.

Nonconforming Goods

Products delivered to a buyer that do not meet the specifications or qualities explicitly or implicitly agreed upon in a contract.

Click-On Agreement

A digital form of contract acceptance which involves clicking a button or checking a box that indicates agreement to the terms presented.

Click-Through Agreement

A digital contract that users agree to by clicking a button or checking a box on a website or software application.