Which of the following are goals of monetary policy?

Question 11 options:

a)	price stability, economic growth, and maximizing the value of the dollar relative to other currencies

b)	maximizing the value of the dollar relative to other currencies, economic growth, and high employment

c)	price stability, economic growth, and high employment

d)	price stability, maximizing the value of the dollar relative to other currencies, and high employment

Question 12 (1 point)

___________ determines the supply of money.

Question 12 options:

a)	The Bank of Canada

b)	The interest rate

c)	The level of nominal income

d)	The demand for money

Question 13 (1 point)

Rising prices erode the value of money as a ________ and as a ________.

Question 13 options:

a)	unit of barter; unit of account

b)	store of value; unit of barter

c)	store of value; unit of liquidity

d)	medium of exchange; store of value

Question 14 (1 point)

Which of the following is an objective of fiscal policy?

Question 14 options:

a)	energy independence from Middle East oil

b)	discovering a cure for Alzheimer's

c)	high rates of economic growth

d)	health care coverage for all Americans

Question 15 (1 point)

An interest rate above equilibrium will lead to a surplus of money.

Question 15 options:

	a) True
	b) False

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