Regulation Q
A) prohibited interstate banking.
B) placed ceilings on allowable interest rates on time and savings deposits.
C) required all banks to hold reserves against demand deposits.
D) broadened the basis on which the Fed could make discount loans.
B
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Valuing the quantities of goods produced in consecutive years using prices in both years and then averaging the percentage changes in the value of output is part of the ________ method of calculating real GDP
A) base-year B) moving-base-year C) chain-weighted output index D) fixed quantities/variable prices
Assuming coffee and cola are substitutes, if the price of coffee rises
A) there is a movement along the demand curve for cola. B) the demand curve for coffee will shift to the right. C) the demand curve for cola will shift to the right. D) the demand curve for coffee will shift to the left.
Falling output, in the short run, could be due to:
A. an increase in short-run aggregate supply. B. a reduction in aggregate demand. C. an increase in long-run aggregate supply. D. an increase in aggregate demand.
Money functions as
A. a medium of exchange. B. an unit of account. C. a store of value. D. all of these.