Federal Reserve policy appears to be
A) more concerned with avoiding recession rather than preventing inflation.
B) more concerned with preventing inflation rather than avoiding recession.
C) equally concerned with avoiding recession and preventing inflation.
D) motivated by whether inflation or recession is the current problem.
B
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If you want to own $1 million when you retire in 45 years, how much should you put into your retirement fund now, given the interest rate is 3 percent?
A. $264,439. B. $436,770. C. $275,389. D. $250,005.
Which of the following is not an obstacle to development for many less-developed countries?
a. limited capital goods production b. lack of infrastructure c. lack of skilled workers d. dependence on exports of natural resources e. high savings rate
Assume that the central bank increases the reserve requirement. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and net nonreserve-related international borrowing/lending in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period falls, and net nonreserve-related international borrowing/lending becomes more negative (or less positive). b. The quantity of real loanable funds per time period rises, and net nonreserve-related international borrowing/lending becomes more negative (or less positive). c. The quantity of real loanable funds per time period falls, and net nonreserve-related international borrowing/lending becomes more positive (or less negative). d. The quantity of real loanable funds per time period and net nonreserve-related international borrowing/lending remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
When a firm has many competitors selling the same good, in order to sell more of the good,
A. it must, ironically, increase prices. B. it must advertise. C. it must reduce the price it charges. D. it only needs to produce more of the good.