Some economists suggest that the fed should follow an explicit rule or formula for monetary policy. for example, the rule would specify how interest rates would change based on changes in real gdp and inflation. only with a fixed rule, these economists argue, would the public really understand the fed's future intentions for policy. because of the benefit of better public understanding and more transparency of the federal reserve, there do not appear to be any disadvantages of adopting an explicit rule or formula. a. true b. false

answermarketing metrics;

answerchemical property;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.