The interest rate at which the Federal Reserve Banks lend to commercial banks and thrift institutions are called
A. the prime rate.
B. the short-term rate.
C. the discount rate.
D. the Federal funds rate.
C. the discount rate.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Since the 1960's, consumer spending in the U.S. has been approximately ________ percent of disposable income, whereas saving has been approximately ________ percent of disposable income
a. 30; 70 b. 50; 50 c. 65; 35 d. 90; 10
The sum of the value added by all of a nation's individuals and businesses in a year equals:
A. the value of intermediate products. B. GDP. C. the value of investment goods. D. total profits.
The word futures, as used in commodity markets, refers to
What will be an ideal response?