According to economist John Taylor, the Fed set its federal funds rate target too high during the period 2002-early 2006, which contributed to the financial crisis of 2007-2009
Indicate whether the statement is true or false
False
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A "risky" asset will earn a rate of return close to that of "riskless" assets if its risk is
A) nondiversifiable. B) diversifiable. C) nominal, as opposed to real. D) related to the rate of inflation. E) no greater than the risk of similar assets.
From 1979 to 2011, which country had the highest growth rate of GDP per hour of work?
a. Singapore b. United Kingdom c. France d. Japan
If immigration is limited, it will move the aggregate supply curve left, due to a decrease in
Hyperinflation usually starts when:
A. people start spending too much money. B. firms demand higher and higher prices for their goods. C. governments are forced to print money to finance their spending. D. fiscal deficits are small.