When the Fed ________ the federal funds rate, other short-term interest rates and the exchange rate also ________. The quantity of money and the supply of loanable funds ________
A) lowers; rise; increase
B) lowers; fall; decrease
C) lowers; fall; increase
D) raises; rise; increase
E) raises; fall; increase
C
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Game theory would classify a cartel under the topic of
A) zero-sum games. B) cooperative games. C) noncooperative games. D) dominant-strategy games.
The national debt is the:
a. difference between a nation's exports and imports of goods and services. b. sum of the personal debt of all citizens in the United States. c. indebtedness of the federal government in the form of outstanding interest-earning government security. d. sum of the net personal debts of Americans to foreigners.
Gross national product is defined as the market value of all final goods and services produced in an economy during a year
a. True b. False Indicate whether the statement is true or false
An economic system in which money is not used is a:
A. mixed economy. B. barter economy. C. planned economy. D. market economy.