Tresure bonds
What will be an ideal response?
in the US, deciding how many bonds to buy or cell is done by the federal open market committee (FOMC)
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How do the wages in the United States compare to those in northern Europe?
a. U.S. wage rates are higher than those of all northern European nations. b. Northern Europe's average wage rates are higher. c. U.S. wage rates are higher than those in Germany and the Netherlands. d. they are similar.
If there is complete crowding out as a result of an increase in government spending there will be
A) a decrease in aggregate demand. B) no change in aggregate demand. C) an increase in aggregate demand. D) a downward movement along the aggregate demand curve.
People will be likely to spend a higher percentage of any additional income when _____
Fill in the blank(s) with the appropriate word(s).
Unlike either the United States or the United Kingdom, ________ did not occur in China's economy between 2007 and 2009
A) a massive monetary and fiscal stimulus B) a negative demand shock C) a negative rate of inflation (i.e., deflation) D) a sharp increase in financial frictions E) a positive supply shock