Which of the four-time series component is more likely to exhibit the changes in stock market prices at particular times during the course of one day?
a. Long-term trend c. Seasonal variation
b. Cyclical variation d. Random variation
C
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Suppose the economy is thought to be 2 percent above potential (i.e., the output gap is 2 percent), when potential output grows 4 percent per year. Suppose the Fed is following the Taylor rule, with an inflation rate of 2 percent over the past year. The federal funds rate is currently 3 percent. The equilibrium real fed funds rate is 3 percent and the weights on the output gap and inflation gap are 0.5 each. The inflation target is 1 percent. a.Is the fed funds rate currently too high or too low? By how much? Show your work. b.Suppose a year has gone by, output is now just 1 percent above potential, and inflation rate was 1.5 percent over the year. What federal funds rate should the Fed now set (assuming the inflation target does not change)?
What will be an ideal response?
The percentage of the total attempted interviews that are completed is referred to as ________
A) sample control B) response rate C) social desirability D) interviewer bias E) cooperation rate
This material, when heated, will yield up to 25 liters or more per ton of input.
A. Shale B. Light petroleum C. Natural gas D. Biomass
You are in a routine department meeting when suddenly the leader calls on you to “say a few words” about the progress of your task force on the employee retention problem your company is facing. You have no time to prepare. What strategies described in the chapter should you apply for this impromptu speaking situation?
What will be an ideal response?