Which Federal Reserve Bank now regularly tracks target levels for the federal funds rate predicted by a basic Taylor-rule equation?
A) Boston
B) Chicago
C) New York
D) St. Louis
D
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If loans are $69,000 . excess reserves are $1,400, and checkable deposits are $80,000 . then the required reserve ratio must be:
a. 1.75 percent. b. 12 percent. c. 13.75 percent. d. 17.5 percent. e. 0.12 percent.
A payoff matrix shows
A. The payoffs of one firm always choosing to price low. B. What companies will do no matter what the other firm does. C. The losses from strategic decisions of two countries. D. The risks and rewards of alternative decision options.
Refer to the information provided in Figure 18.1 below to answer the question(s) that follow.
Figure 18.1Refer to Figure 18.1. The third fifth of families earned ________% of income in Outland.
A. 12 B. 23 C. 25 D. 35
What are the economic functions of the government?
What will be an ideal response?