A monetary policy target is a variable that
A) the Fed cannot affect directly. B) the Fed has no ability to change.
C) the Fed can affect directly. D) equals one of the Fed's main policy goals.
C
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In the model for desired saving, autonomous is roughly synonymous with ________
A) policy-determined B) endogenous C) intended D) inflation-adjusted E) exogenous
Which type of unemployment does not contribute to the natural rate of unemployment?
A. Frictional B. Structural C. Real-wage D. Cyclical
Which of the following is most likely to lead to an increase in the demand for U.S. dollars in the foreign exchange market?
a. U.S. firms purchasing raw materials from Japan b. U.S. speculators expecting the value of the German mark to rise c. The Fed intervening in the foreign exchange market and devaluing the dollar d. Speculative outflows of money from the United States to Britain because of higher interest rates in Britain e. Japanese cars becoming more popular in the United States
Refer to Table C_6. Assuming MPC=0.75, the break-even level of disposable income=____. (Do not enter a $ sign. Include a negative sign, if a negative number)