An appropriate countercyclical policy in the face of a recession would be for the Fed to raise legal reserve requirements, raise the discount rate, and buy government securities

Indicate whether the statement is true or false


F

Economics

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Refer to the figure above. If a price control is imposed at $8, what is the deadweight loss?

A) $10 B) $50 C) $65 D) $85

Economics

Refer to Table 16-3. Suppose Julie's marginal cost of providing this service is constant at $7 and she charges $7. What is the value of the consumer surplus enjoyed by her customers?

A) $39 B) $28 C) $11 D) $0

Economics

Government-backed deposit insurance ________

A) protects "good" banks from the misdeeds of "bad" banks B) is intended to encourage banks to pursue high-risk activities C) is an example of prudential regulation D) is an example of government-directed credit

Economics

The pursuit of low unemployment rates must necessarily result in time-inconsistent government policies

a. True b. False Indicate whether the statement is true or false

Economics