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Unformatted text preview: Smith's international trade imperative
2. Is trade free?
If not, what is the cost? C. Role of the US Dollar as official reserve
currency Dr. David P. Echevarria All Rights Reserved 8 HOMEWORK QUESTIONS
D. How do Keynesians treat the supply of money?
How do Monetarists treat the supply of money?
Why is velocity important?
What does the Theory of Rational Expectations say
about the effectiveness of government policy
E. What policy tools can the Federal Reserve use to
control Dr. David P. Echevarria All Rights Reserved 9...
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