Historical actions indicate that the Fed's primary goal of monetary policy over the past 30 years has been to

A) maintain high interest rates.
B) keep employment rates low.
C) limit the availability of consumer credit.
D) prevent high rates of inflation.


Ans: D) prevent high rates of inflation.

Economics

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The European Union competition authorities can examine mergers between each of these firms except which one?

A) two firms located in the United States that sell their products exclusively in the United States B) two firms that have subsidiaries or branches in the European Union C) two firms located in the United States that sell their products in the European Union D) two firms located in the European Union that sell their products in the United States and the European Union

Economics

In the above figure, what would result if the price was $40?

A) a surplus B) a shortage C) equilibrium D) excess demand

Economics

Mexico and India have a fairly large number of engineers and technical personnel, which means that new technology can be adapted relatively quickly

a. True b. False Indicate whether the statement is true or false

Economics

The difference between the actual price that a producer receives and the minimum acceptable price the producer is willing to accept is called the producer:

A. Revenues B. Surplus C. Costs D. Utility

Economics