Which of the following is inconsistent with the view that Fed monetary policy was excessively expansionary during 2010-2013?
a. Short-term interest rates that were near zero throughout these years.
b. A rapid increase in the monetary base throughout these years.
c. A tripling of Fed asset holdings from less than $1 trillion in 2008 to approximately $3 trillion in 2012.
d. Growth of nominal GDP during 2010-2012 at a rate similar to that of recent decades.
D
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Which of the following is true?
A) Local governments cannot collect taxes in the U.S. B) Only state governments can collect taxes in the U.S. C) Only the federal government can collect taxes in the U.S. D) The central as well as the local governments collect taxes in the U.S.
How do constraints affect our choices?
An expansion in a country's capital stock is associated with a(n) _____
a. increase in potential GDP b. decline in future consumption c. increase in human capital d. decline in the rate of investment e. increase in national debt
In the equation is the _____.
A. dependent variable B. independent variable C. slope parameter D. intercept parameter