The interest rate on interbank loans is called the
A) discount rate.
B) federal funds rate.
C) repo rate.
D) prime rate.
B
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A country that is running a current account deficit will have:
a. zero net exports. b. zero investments. c. negative net investments. d. positive net exports. e. negative net exports.
When the housing bubble popped, the effect of the negative demand side shock and the negative supply side shock were the same on:
A. output, causing it to definitely decrease. B. prices, causing them to definitely rise. C. output, causing it to definitely increase. D. prices, causing them to definitely fall.
What is the main difference between an instrument rule and a targeting rule? Be sure to define each
What will be an ideal response?
Which of the following is an impact of increased illegal immigration on an economy?
A. The rate of inflation in the receiving country increases. B. The demand for government services like education and health care increases. C. The real wage rate of workers increases. D. The demand for labor in the receiving country declines.