Half of American recessions since the early 1950s have been caused at least in part by rapid increases in oil prices
a. True
b. False
A
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Reserve requirements are changed
A) more frequently than the discount rate is changed, but less frequently than open market operations are conducted. B) more frequently than the discount rate is changed and more frequently than open market operations are conducted. C) more frequently than open market operations are conducted, but less frequently than the discount rate is changed. D) less frequently than open market operations are conducted and less frequently than the discount rate is changed.
Market clearing prices can be volatile in a market with inelastic demand and inelastic supply
Indicate whether the statement is true or false
Determine the value of a product charge that would achieve the efficient solution.
The market for a chemical pesticide can be modeled as given below, where Q is measured in thousands of pounds: MSB = 20 – 0.4Q MPB = 20 – 0.3Q MSC = MPC = 12 + 0.1Q
If the budget deficit increases, then
a. an increase in the interest rate increases net capital outflow. b. an increase in the interest rate decreases net capital outflow. c. a decrease in the interest rate increases net capital outflow. d. a decrease in the interest rate decreases net capital outflow.