The impact of saving on the economy is
a. always beneficial
b. always harmful
c. beneficial in the short run, but not in the long run
d. beneficial in the long run, but not necessarily in the short run
e. neutral in both the short run and the long run
D
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To measure core inflation, the BLS removes goods that:
A. have historically volatile prices. B. are considered necessities. C. are luxury goods. D. are durable and hold a constant value.
Which of the following statements regarding the Federal Open Market Committee is correct?
a. Only the five voting regional Fed presidents attend the meetings. b. All regional Fed presidents attend and vote at the meetings. c. All regional Fed presidents attend the meetings, but only five get to vote. d. Regional Fed presidents may neither attend nor vote the meetings.
Which of the following caused pre-1984 volatility in residential construction?
A) financial regulations B) tax cuts C) currency volatility D) interest rates
If people expect the price of packaged coffee to rise next week, coffee demand will:
a. decrease now. b. increase now. c. stay the same now and increase next week. d. stay the same now and decrease next week. e. stay the same now and next week.