Since the early 2000s, the problem of inflation has diminished in most of the countries across the world except for Zimbabwe, which has experienced a hyperinflation of 79.6 billion percent
a. True
b. False
Indicate whether the statement is true or false
True
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What are the four main ways in which the CPI is an upward-biased measure of the price level?
What will be an ideal response?
Which of the following statements is correct?
A) The supply curve for loanable funds slopes up, whereas the supply curve for bonds slopes down. B) The demand curve for loanable funds slopes up, whereas the demand curve for bonds slopes down. C) The demand curve for loanable funds and the demand curve for bonds both slope up. D) The supply curve for bonds and the supply curve for loanable funds both slope up.
Which of the following BEST describes the shortrun effects of FDI inflows to Singapore during the latter part of the twentieth century?
a. The effects contradicted the specificfactors model because wages fell, while the rental on capital rose. b. The effects confirmed the specificfactors model because wages rose, while the rental on capital fell. c. FDI did not have any measurable effects on either wages or the rental on capital in Singapore. d. FDI confounded economists because both the rental on capital rose and wages rose in Singapore.
If the Fed's monetary policy reaction function does not change, then when inflation decreases the Fed responds by ________ the real interest rate, which ________ consumption and investment spending, which ________ output.
A. increasing; increases; decreases B. decreasing; decreases; decreases C. increasing; decreases; decreases D. decreasing; increases; increases