Rules advocates believe that the central bank should change interest rates in an attempt to fine tune the economy
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Refer to the scenario above. Julie should place a bid of ________
A) $300 B) $150 C) $200 D) $250
An increase in the stock of capital contributes to economic growth because it increases
A) federal funds rates. B) labor productivity. C) tax revenues. D) the reserves of the banking system.
In an Edgeworth box, all points of efficiency occur at the
A) intersections of the indifference curves. B) the points of tangency between the sets of indifference curves. C) in the midpoint of the diagram. D) at any point other than the intersections of the indifference curves.
Transactions deposits include
A) credit cards. B) certificates of deposit. C) lines of credit. D) checkable and debitable accounts.