Since the Fed's faces several uncertainties in regards to effects of its policies, the Fed usually proceeds:
A. only after fiscal policy polices have been enacted
B. only after a recession is statistically proven to exist.
C. forcefully to ensure a desired effect
D. cautiously with only small changes in the interest rate
Answer: D
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The graph shows the market for rental housing in Little Rock. The market for apartments is efficient when
A) the quantity of apartments demanded is 12,000 a month. B) the rent ceiling is set at $300 a month. C) there is no rent ceiling. D) the quantity of apartments supplied is 6,000 a month. E) the rent charged is less than $450.
A rise in the money wage rate shifts the
A) AD curve rightward. B) AD curve leftward. C) AS curve rightward. D) AS curve leftward. E) potential GDP curve rightward.
A country that borrows more from the rest of the world than it lends to it in a year is called a ________, and a country that lends more to the rest of the world than it borrows from it in a year is called a ________
A) borrower; lender B) importer; exporter C) net borrower; net lender D) gross borrower; gross lender
What is the Earned Income Tax Credit?
What will be an ideal response?