If the Fed wants to increase the money supply, it should increase the discount rate.

a. true
b. false


b. false

Economics

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In the textbook model of endogenous growth, long-run output growth would increase if there were either a ________ in the saving rate or a ________ in the depreciation rate

A) rise; rise B) rise; fall C) fall; rise D) fall; fall

Economics

Under a fixed exchange rate regime, the central bank must act to keep

A) P = P. B) the real exchange rate fixed. C) i = i. D) E = 1. E) none of the above

Economics

The highest post World War II unemployment rate occurred

A. in 2001. B. in 1982. C. in 2009. D. in 1974.

Economics

Perfectly competitive firms

A. are price takers. B. sell homogeneous products. C. are small relative to the size of the market. D. All of the above are correct.

Economics