Because money growth is a major component determining the inflation rate, in order to forecast inflation we should forecast actions by the
A) Congress.
B) President.
C) Fed.
D) Office of the Treasury.
E) U.S. Mint.
C
You might also like to view...
The figure above shows Clara's demand for CDs. At a price of $5 for a CD, the value of Clara's total consumer surplus for all the CDs she buys is
A) $5. B) $10. C) $25. D) $125.
When the social cost of production is greater than the private cost, we have a
a. positive externality b. negative externality c. public good d. private good e. positive spillover
Refer to the table at right. If the price of the product is? $1.50, and the marginal factor cost of an additional unit of an input is? $105, how many units of labor should be? hired?
A. 12
B. 11
C. 14
D. 13
In perfect competition, which is NOT true?
A. Both concentration ratios and Rothschild indexes tend to be close to zero. B. At least one firm has a perceptible impact on the market price. C. There are a large number of firms, and each is small relative to the entire market. D. Firms produce homogeneous goods.