The theory of liquidity preference illustrates the principle that a. monetary policy can be described either in terms of the exchange rate or the interest rate.
b. monetary policy can be described either in terms of the money supply or in terms of the interest rate.
c. monetary policy must be described in terms of the money supply.
d. monetary policy must be described in terms of the interest rate.

Which statement is true about the elements of the interface of a presentation program? a. the status bar appears at the top of the page and displays options to style your slides. b. the tool bar displays the thumbnails of your presentation slides in the order they will appear in the presentation. c. rulers indicate the margins, tabs, and indents in a presentation slide. d. the document area provides a list of commands to create, format, and edit presentations.

Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.

Heyak believed that the economy could be hard to measure because