Some economists and policymakers criticized the Fed for taking too much time understanding and identifying the problems in financial markets which led to the financial crisis of 2007-2009
This criticism best describes the ________ as a limitation of monetary policy. A) implementation lag
B) recognition lag
C) impact lag
D) asymmetry lag
B
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When Bank of America finances your purchase of a new car, you are
A) borrowing in the stock market. B) lending in the bond market. C) lending in the capital market. D) borrowing in the loan market. E) borrowing in the bond market.
An unintentional consequence of using mail-in ballots in a small community is:
A. increased pressure from government to vote. B. decreased pressure from others to fulfill their civic duty. C. increased costs associated with tallying the votes. D. decreased costs associated with voting.
A variable is standardized in the sample:
A. by multiplying by its mean. B. by subtracting off its mean and multiplying by its standard deviation. C. by subtracting off its mean and dividing by its standard deviation. D. by multiplying by its standard deviation.
If the real marginal tax rate increases in the market clearing model then:
a. the supply of labor decreases. b. real output, Y, declines. c. the demand for capital decreases. d. all of the above.