In the figure above, the expected inflation rate is
A) 6 percent. B) 0 percent. C) 2 percent. D) 8 percent. E) 4 percent.
A
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M1 is usually larger than M2
Indicate whether the statement is true or false
The Fed is considering eliminating
A) primary credit lending. B) secondary credit lending. C) seasonal credit lending. D) its lender of last resort function.
How would an increase in cigarette taxes succeed according to the following criteria: collecting a large amount of tax revenue; distorting demand as little as possible; discouraging consumption of harmful commodities?
In an economy with a population of 100 million persons, 50 million hold civilian jobs and 20 million are not working but are looking for a job. The number of persons in the civilian labor force is
A) 50 million. B) 70 million. C) 170 million. D) 180 million..