For four decades, the Fed has reflected its monetary policy in the ________ ________ ________?
a. aggregate supply curve
b. aggregate demand curve
c. federal funds rate
d. discount rate
c
You might also like to view...
Under the deficiency payments system, which was used to subsidize grain production?
a. the government purchased all surplus grain and destroys it. b. deficiency payments were increased when farmers cultivated their land more intensively. c. farmers were required to reduce cultivated acreage by 10 percent. d. farmers had a greater incentive to engage in beneficial crop rotation.
Suppose Hillary was offered the following choice: Option 1 is to win $10 for sure and Option 2 is to win $20,000 with odds of 1 in 2,000 and otherwise to win nothing. If Hillary is risk averse she
A. will choose Option 1. B. will choose Option 2. C. is indifferent between the two. D. will choose Option 1 or Option 2 with equal probability.
Which of the following statements regarding the distribution of money income is most correct?
A. The distribution of money income is synonymous with the distribution of goods and services. B. The distribution of money income overstates the extent of poverty in the United States. C. The distribution of money income includes the monetary value of in-kind benefits. D. Statistics on the distribution of money income include the underground economy.
A fixed input is an input that
A. can never be moved from one location to the next. B. is fixed only for some quantities of output. C. cannot be varied in the short-run. D. can never be varied.