In 2007, the Fed engaged in inflation targeting when it lowered the interest rate in anticipation of a recession.
Answer the following statement true (T) or false (F)
False
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During the beginning on the global financial crisis in the United States when the effects of the crisis were mostly confined within the United States, the U. S. dollar ________ because demand for U.S. assets ________
A) appreciated; increased B) depreciated; increased C) appreciated; decreased D) depreciated; decreased
Which of the following is an example of a "metering" strategy
a. A supermarket offers free parking space but charges higher for grocery b. A television reseller spends time making sure that the picture quality of the bargain priced sets is fuzzy c. Razors are sold at unit cost while razor blades have large profit margins d. All of the above
Moral hazard implies that
a. Insured individuals exercise less care because they have less incentive to do so b. Insured individuals exercise more care because they have less incentive to do so c. Insured individuals exercise more care because they have more incentive to do so d. Insured individuals exercise less care because they have more incentive to do so
Which of these is a likely impact of an increase in the price level in an economy on the aggregate supply in the economy?
a. An increase in the quantity of real GDP supplied b. A decrease in the quantity of real GDP supplied c. A leftward shift of the aggregate supply curve d. A rightward shift of the aggregate supply curve e. An increase in the slope of the aggregate supply curve