Full sentence is:
Traditional monetarists advocate for a rule for money supply growth, while market monetarists argue that monetary policy should focus on a nominal GDP target .
Explanation:
Monetarism is based on the idea that an increase in the money supply, that is, the total cash and checks circulating in the economy, will increase production in the short term and inflation in the long term.
Monetarism states that while the monetary authorities (central bank or others) have control of the nominal offer, people base their decisions on the amount of real money they wish to obtain / maintain.
I think the most appropriate answer would A.
I hope it helped you!
Answer:
B)a deficit of $1.5 trillion
Explanation:
The computation of the government budget balance is shown below:
= Taxes - government spending
= $0.5 trillion - $2 trillion
= $1.5 trillion deficit
For computing the government budget balance, we deduct the government spending from the taxes so that the correct amount can come
All other information which is given is not relevant. Hence, ignored it
Answer:
Because nothing is free in this world.
Explanation:
