The Federal Reserve's two main ________ are the money supply and the interest rate
A) fiscal tools B) fiscal policy targets
C) policy tools D) monetary policy targets
D
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In the 1930s and 1940s, the Technicolor company was able to leverage its bargaining power over the movie industry because Technicolor was the sole producer of cameras and films needed to produce color films
Indicate whether the statement is true or false
In 1977, he pioneered the concept of selling new public issues of junk bonds for companies that had not yet achieved investment-grade status
A) Michael Milken B) Roger Milliken C) Ivan Boesky D) Carl Icahn
A firm in a competitive industry faces the following short-run cost and revenue conditions: ATC = $16; AVC = $8; and MR = MC = $12. This firm should
A) expand production and keep price constant. B) decrease production and raise its price. C) shut down. D) continue to operate at the same price and output level in the short run.
One measure of the inflation rate is the
A) sum of the CPIs of adjacent years. B) percentage change in the CPI of adjacent years. C) percentage change in the Real GDP of adjacent years. D) GDP minus the Real GDP in a year.