Hyperinflation is
A. The movement of taxpayers to higher tax brackets because of rising prices.
B. A common problem in the United States.
C. An inflation rate in excess of 20 percent, lasting at least one year.
D. An inflation rate in excess of 200 percent, lasting at least one year.
Answer: D
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When the FOMC raises the federal funds rate, almost immediately ________, and a few weeks later the ________
A) short-term interest rates fall; quantity of money and supply of loanable funds decrease B) long-term interest rates rise; quantity of money and supply of loanable funds increase C) long-term interest rates rise; quantity of money and supply of loanable funds decrease D) short-term interest rates rise; quantity of money and supply of loanable funds decrease E) short-term interest rates fall; quantity of money and supply of loanable funds increase
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Indicate whether the statement is true or false
Why is the credibility of the Fed's policy announcements particularly important?
What will be an ideal response?
Celebrity endorsements are often used by monopolistically competitive firms to boost the reputation of the product that is being endorsed
a. True b. False Indicate whether the statement is true or false