Please choose one answer for each question:

The consumer price index is... G a. Always increasing at a constant rate of about two percent per year. D b. Based on the change in the price of a xed basket of goods and services over time. G c. The fall in the unemployment rate. Q d. The ratio of nominal GDP to real GDP times 100. In the typical money demand equation. L = kY- hi, the component hi represents... C! a. Speculative demand. D o. Aggregate demand. C! c. Transactions demand. D d. Precautionary demand. Canada's central bank performs all of the following functions except... O a. Banker to the federal government. O b. Provider of banking services to high-wealth individuals. O c. Issuer of bank notes. O d. Lender of last resort.A country cannot have.. O a. An independent monetary policy and perfect capital mobility. O b. A fixed exchange rate and an independent monetary policy. O c. A fixed exchange rate and perfect capital mobility. O d. All the options are possible.The AST curve is also known as the function. O a. Inflation adjustment. O b. Monetary policy. O c. Long-run production. O d. Short-run production