According to the "rational expectations" school of thought in macroeconomics, the short-run Phillips curve is ________ in face of anticipated changes in monetary policy
A) horizontal B) vertical C) negatively sloped D) positively sloped
B
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Before 1980, U.S. investors rarely invested in foreign capital markets
Indicate whether the statement is true or false
A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as a new store. On their respective balance sheets, this loan is
a. an asset for the bank and a liability for Kellie's Print Shop. The loan increases the money supply. b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply. c. a liability for the bank and an asset for Kellie's Print Shop. The loan increases the money supply. d. a liability for the bank and an asset for Kellie's Print Shop. The loan does not increase the money supply.
A private equity firm is a group of investors that buys up the publicly traded stock of a large corporation and then takes the corporation private
Indicate whether the statement is true or false
If the MPC is 0.67, then the oversimplified multiplier is
A. 7.60. B. 6.70. C. 3.00. D. 33