The office of the Federal Reserve Bank of New York charged with implementing Federal Reserve open market policy actions is known as the
A) Open Market Coordination Office.
B) Open Market Cooperation Office.
C) Response Desk.
D) Trading Desk.
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The long-run Phillips curve shows the relationship between the ________ and the ________ when there is no ________ unemployment
A) inflation rate; employment rate; seasonal B) inflation rate; unemployment rate; cyclical C) inflation rate; unemployment rate; structural D) nominal interest rate; real interest rate; frictional E) nominal interest rate; unemployment rate; cyclical
The simple correlation between educational attainment and income is very strong and consistent
Indicate whether the statement is true or false
An economy in which output has decreased and prices have decreased would suggest a:
A. decrease in short-run aggregate supply. B. increase in aggregate demand. C. increase in short-run aggregate supply. D. decrease in aggregate demand.
In any case where there is a negative externality, it is better to form a government agency to solve the problem.
Answer the following statement true (T) or false (F)