Suppose that, in an attempt to combat severe inflation, the government decides to decrease the amount of money in circulation in the economy. this monetary policy the economy's demand for goods and services, leading tohigher product prices. in the short run, the change in prices induces firms to produce goods and services. this, in turn, leads to a level of unemployment. in other words, the economy faces a trade-off between inflation and unemployment: lower inflation leads to unemployment.

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

What is the difference between secure bonds and naked bonds?

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.