Economics 12E - Arnold - TB_327 - 9 The predetermined-money-growth-rate rule states that the annual growth rate in the money supply will be constant at

Economics 12E - Arnold - TB_327 - 9 The...

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9. The predetermined-money-growth-rate rule states that the annual growth rate in the money supply will be constant at the average annual growth rate of Real GDP. a. Trueb. FalseANSWER: False POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Monetary and fiscal policy KEYWORDS: Bloom's: Comprehension 10. Economists who believe that the economy is self-regulating are more likely to be nonactivists than activists. POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Monetary and fiscal policy KEYWORDS: Bloom's: Comprehension 11. As the interest rate falls, the quantity supplied of money falls and the quantity demanded of money rises. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Monetary and fiscal policy KEYWORDS: Bloom's: Comprehension
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