In 2005 and 2006, because of fears of inflation, the Fed:
a. increased interest rates which lead to higher monthly payments on fixed rate mortgages
b. increased interest rates which lead to higher monthly payments on adjustable rate mortgages.
c. decreased interest rates which lead to higher monthly payments on fixed rate mortgages.
d. decreased interest rates which lead to higher monthly payments on adjustable rate mortgages.
b
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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
Which of the following would cause the demand curve for yen to shift as indicated in Figure 17-5 above?
a. A decrease in the U.S. price level. b. An increase in the U.S. interest rate. c. An increase in Japanese real GDP. d. An increase in U.S. real GDP. e. A decrease in U.S. real GDP.
Each person who is 16 years or older is considered to be in one of the following categories:
A. employed, unemployed, or discouraged worker. B. part-time worker, full-time worker, or out of the labor force. C. part-time worker, full-time worker, or unemployed. D. employed, unemployed, or not in the labor force.
Which of the following would cause a rightward shift in the aggregate supply curve?
A. larger-than-expected wage increases B. lower oil prices C. increased investment spending D. greater government regulation