The efficient allocation of resources requires:
A) That prices reflect the relative value of goods and services
B) That inflation not exceed three percent a year
C) Deflation
D) Prices to remain constant
Correct Answer:
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Q20: The specific goals of central banks include
Q21: Which of the following statements regarding growth
Q22: If prices are not stable:
A)Money becomes less
Q23: In terms of economic growth, the central
Q24: Which of the following statements is not
Q26: The correlation between high rates of inflation
Q27: In the U.S., real growth usually averages
Q28: Potential output depends on all of the
Q29: Most economists agree that the target rate
Q30: All of the following are consequences of
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