Long-term interest rates are an example of
A) an intermediate target.
B) an operating target.
C) a monetary policy objective.
D) a monetary policy tool.
A
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According to the text, a government policy of promoting competition must
A) assure small businesses they won't fail because of below-cost pricing or other predatory practices by larger businesses. B) assure small businesses they won't fail under any circumstances. C) equate profit margins among competing suppliers. D) maintain a process rather than some state of affairs. E) work toward making sellers' demand curves completely elastic.
The table above shows the transaction in Pinkland last year:
a) Calculate Pinkland's GDP. b) What approach did you use to make this calculation?
Use the information in Scenario 4.2. At what price, if any, is the demand for artichokes completely elastic?
A) 50 B) 30 C) 10 D) 0 E) none of the above
If the nominal interest rate is 15 percent and the inflation rate is 5 percent, then what is the real interest rate?
a. 10 percent b. 20 percent c. 3 percent d. 5 percent