When the Fed increases the quantity of assets it owns, it is said to be engaging in
A) credit easing.
B) forward guidance.
C) quantitative easing.
D) a maturity extension program.
C
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Referring to a production possibilities curve and the goods being compared, depict the economic event. The AIDS epidemic becomes rampant in America claiming millions of lives (capital goods vs. consumer goods).
A. A movement from a point inside the curve to a point on or near the curve B. A movement from a point on or near the curve to a point inside the curve C. A shift in the entire curve to the right (outward) D. A shift in the entire curve to the left (inward)
More rigid government regulations and union contracts in Western Europe contribute to greater ________ in Western Europe than in the United States.
A. real GDP per capita. B. unemployment C. wage inequality D. real wage growth
Which of the following transactions represents the purchase of a final good?
A) Apple computer buys computer processors from Intel. B) Your father buys a new John Deere riding lawn mower. C) Starbucks purchases coffee beans. D) Delta buys a new European-made jetliner.
In corporate bond market quotations, the current yield on convertible bonds is usually
A) included as a ratio to the previous day's high. B) included as a ratio to the previous day's low. C) included as a ratio to the previous day's close. D) omitted.