The Fed's policy actions of reacting to higher inflation by raising the real interest rate during 2004-2006 were
A) upward movements along the monetary policy curve.
B) downward movement along the monetary policy curve.
C) upward shifts of the monetary policy curve.
D) downward shifts of the monetary policy curve.
A
You might also like to view...
Price ceilings create shortages, but taxes do not.
Answer the following statement true (T) or false (F)
The speed with which money circulates through the economy is called the
A. oversimplified multiplier. B. velocity of circulation. C. exchange rate. D. money multiplier.
When the dollar price of a British pound is $0.80, it is correct to state that an American traveling in England will receive ________ pounds per dollar
A) 1.25 B) 8 C) 80 D) 125
As economists use the word, investment refers only to an increase in capital.
Answer the following statement true (T) or false (F)