Suppose a wave of optimism causes firms to increase investment. To stabilize output and employment, the Federal Reserve will _____
Fill in the blank(s) with correct word
decrease the money supply,
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What is the present value of $10,000 to be received after one year, if the current annual rate of interest is 6%?
A) $8,644.26 B) $8,922.34 C) $9,433.96 D) $10,000
Off-budget expenditures:
What will be an ideal response?
Which of the following statements is false?
A. The recession of 2001 was mild. B. Output in the United States fell by about one-half between 1929 and 1933. C. The inflation rate declined during the Eisenhower and Reagan administrations. D. None of these statements are false
Why are time deposits and savings accounts referred to as near money assets?
a. They cannot be used to pay for something directly but can be quickly converted to money. b. They have not been officially declared to be money by the government but can still be used to pay for things. c. They contain the money that banks must hold in reserve. d. They earn interest, and thus are nearly always increasing in value.