An opinion column in the Wall Street Journal notes, "In a democracy, the tradeoff for a central bank's independence is accountability to the nation's elected leadership." Source: David Wessel, "Explaining 'Audit the Fed'," Wall Street Journal, February 17, 2015. A country would want to grant its central bank more independence than it grants, say, its department of agriculture or department of education because the central bank O A. controls the money supply, and the more independent the central bank, the lower the likelihood of unemployment. O B. controls the money supply, and the central bank is more important than departments of agriculture or education. OC. controls the money supply, and the more independent the central bank, the lower the likelihood of inflation. O D. relies on other agencies for information in setting policies regarding the money supply. In Canada, how is the Bank of Canada held accountable to the nation's elected leadership? (Select all that apply.) A. The Bank has instrumental independence but not goal independence, meaning that the government has the ultimate responsibility for monetary policy.

AutoSave File Document! Word Chris Navo Home Insert Draw Design Layout References Mailings Review View MathType Help Acrobat Graphs Format Cobb and Douglas used economic data published by the government to obtain Table 2. Year P Year 1899 100 100 DOL 1911 148 216 1900 101 105 107 1912 155 1901 112 110 114 1912 1902 122 117 122 1014 169 152 244 1903 124 122 131 1915 109 156 266 1904 122 121 138 1916 225 183 1905 143 125 149 1917 227 1905 152 124 163 1915 223 201 1907 151 140 170 1919 218 19.08 126 123 485 1920 231 104 407 19.09 155 143 198 1921 179 146 417 1910 159 208 1922 240 161 431 Table 2 Swords et Predictions. The Cobb Douglass formula is P(L, K) = bLa K¹-a Determine monetary value of all the goods produced in 1 year or simply the production level in 1920 for a=.20 and b=1.01. Round to one decimal place.

Q TFC TVC TC MC AFC AVC ATC $20 $0 1 $20 $15 2 $20 $25 3 $30 4 $6 $8.80