The Taylor rule implies that the nominal federal funds rate should be increased if there is a _____ output gap or a _____ inflation gap.?

A. ?positive; positive
B. ?positive; negative
C. ?negative; positive
D. ?negative; negative


Answer: A

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Charlene owns stock in a company which has consistently paid a growing dividend over the last five years. The first year Charlene owned the stock, she received $1.71 per share and in the fifth year, she received $2.89 per share

What is the growth rate of the dividends over the last five years? (Round to the nearest whole number) A) 7 percent B) 14 percent C) 12 percent D) 5 percent E) 11 percent

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Henry David Thoreau felt that war was unjust and therefore refused to pay his taxes when the United States declared war on Mexico. Thoreau felt that there was a higher law than the law of the land. Which theory of jurisprudence was he applying?

A)Legal positivism B)Natural law C)Legal realism D)Common law

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A tenancy for an indefinite time period that may be terminated at any time by landlord or tenant is called a tenancy: __________

A) at will. B) for years. C) at sufferance. D) from year to year.

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