Changes in the federal funds rate usually result in
A) changes in both short-term and long-term interest rates with more of an effect on short-term interest rates.
B) changes in both short-term and long-term interest rates with more of an effect on long-term interest rates.
C) changes in both short-term and long-term interest rates with equal effect on both.
D) no change in either short-term or long-term interest rates.
Answer: A
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Refer to the information provided in Table 19.6 below to answer the question(s) that follow.
Table 19.6 Refer to Table 19.6. The tax rate structure in this example is
A. progressive. B. proportional. C. regressive. D. marginal.
The table above shows the marginal benefit from pizza and the marginal cost of pizza in cans of soda forgone
If ________ pizzas are produced, the quantity of soda that people are willing to give up to get an additional pizza is more than the quantity of soda that they must give up to get that additional pizza. A) any quantity other than 40 B) 40 C) more than 40 D) fewer than 40
Excess capacity in monopolistically competitive industries results because in equilibrium
A) each firm's output level is too great to minimize average cost. B) each firm's output level is too small to minimize average cost. C) firms make positive economic profit. D) price equals marginal cost.
The money supply can be increased by decreasing the required reserve ratio
a. True b. False Indicate whether the statement is true or false