What would be a way for the Federal Reserve to stimulate a sluggish economy?
A. print more money
B. buy government bonds on the open market
C. sell more government bonds
D. encourage the stock market
Answer: B
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Apple has continued to be innovative to ensure that the demand for its products stays or becomes
a. More inelastic b. More elastic c. Unitary elastic d. None of the above
Which one of the following changes is consistent with a change in an economy's consumption function from C = $500 billion + 0.80Y to C = $700 billion + 0.80Y?
a. An increase in disposable income taxes. b. An increase in interest rates c. A decrease in permanent disposable income. d. An increase in wealth. e. An increase in savings.
With respect to present bias in the case of saving for retirement, the cost ________ and the benefit ________.
A. occurs in the past; occurs in the present B. occurs in the present; occurs in the future C. occurs in the present and in the future; does not occur D. occurs in the future; occurs in the present
A decline in the stock market, which makes consumers poorer, would cause
A. the aggregate demand curve to shift to the right. B. a movement down and to the right along the aggregate demand curve. C. a movement up and to the left along the aggregate demand curve. D. the aggregate demand curve to shift to the left.