Presidents running for re-election are tempted to urge the Federal Reserve to ________ the rate of money growth in order to reap the political benefits of ________
A) reduce, permanently lower inflation
B) reduce, temporarily lower inflation
C) increase, temporarily lower inflation
D) increase, temporarily higher real GDP
E) increase, permanently higher real GDP
D
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If the market interest rate decreases, then there will be _____
a. an upward movement along the investment demand curve b. a downward movement along the investment demand curve c. a rightward shift of the investment demand curve d. a leftward shift of the investment demand curve e. no movement along or shift of the investment demand curve
College education is an example of a positive externality.
A. True B. False C. Uncertain
An example of the type of crime that is contemplated by the rational criminal model is
A. spousal abuse. B. murder for hire. C. rape. D. school shooting.
Jim used to be very careful with his car. However, once he bought full auto insurance on it, he stopped turning on his alarm or even locking it when parking it. This is an example of adverse selection.
Answer the following statement true (T) or false (F)