Currently the Fed targets
A) the inflation rate
B) the exchange rate.
C) the federal funds rate.
D) both the monetary base and the federal funds rate simultaneously.
E) the price level.
C
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Refer to the figure above. If the yuan is allowed to float, at exchange rates below E yuan per dollar:
A) the excess supply of dollars in exchange for yuan increases the value of the dollar in the foreign exchange market. B) the excess supply of dollars in exchange for yuan lowers the value of the dollar in the foreign exchange market. C) the excess demand for dollars in exchange for yuan lowers the value of the dollar in the foreign exchange market. D) the excess demand for dollars in exchange for yuan increases the value of the dollar in the foreign exchange market.
The Price Anderson Act provides, through the federal government, insurance to operators of nuclear reactors at approximate market rates
Indicate whether the statement is true or false
Which of the following is the most closed economy?
a. Germany b. Canada c. Mexico d. the United States
GoodPrice Increase Last YearAmusement park tickets5.0%Bowling balls4.2%Camouflage neckties3.1% Refer to Table 8.1, which gives hypothetical data on price changes for three goods. Which good(s) became relatively more expensive for buyers?
A. All three goods became relatively more expensive. B. None of the goods became relatively more expensive. C. Only amusement park tickets became relatively more expensive. D. It depends on the overall rate of inflation in the economy.