Which statement is true?
A. The prime rate moves in the opposite direction from changes in the discount rate.
B. The Fed raised the Federal funds target rate and the discount rate from 1989 to mid-1992 to counter the slowdown in the economy.
C. The Federal funds target rate, the discount rate, and the prime rate generally rise and fall together.
D. The discount rate is generally 2% above the prime rate.
C. The Federal funds target rate, the discount rate, and the prime rate generally rise and fall together.
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A) is zero. B) equals the marginal social benefit. C) equals the marginal social cost. D) equals the marginal private cost.
One reason why purchasing power parity may not work perfectly is that some goods, because of their nature, are difficult to trade
a. True b. False
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a. True b. False Indicate whether the statement is true or false
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Indicate whether the statement is true or false