Changes that will transform the macroeconomy in the future include each of the following except
A) continued increase in financial flexibility that allows consumers to borrow more on less collateral.
B) less need for productivity increases in agriculture and manufacturing.
C) continued increase in financial flexibility which will make interpretation of financial markets more . difficult and is thus likely to make monetary policy somewhat more difficult to conduct.
D) continued expansion in international trade.
Correct Answer:
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Q7: Each of the following is a fact
Q8: The automatic stabilizers which have been developed
Q9: In the late nineteenth century, the bulk
Q10: In the twentieth century, the bulk of
Q11: In the twentieth century,
A) the improvements in
Q13: Changes that will transform the macroeconomy in
Q14: Changes that will transform the macroeconomy in
Q15: If liquidity constraints - the inability to
Q16: If liquidity constraints - the inability to
Q17: If international trade continues to increase,
A) the
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