When output is above the full employment level of real GDP, the Federal Reserve banks should ________.
A. lower the federal funds rate
B. buy bonds
C. raise the discount rate
D. lower the reserve ratio
Answer: C
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Ignoring the Ricardo-Barro effect, what impact does the government have in the loanable funds market?
What will be an ideal response?
Investment is an economic term for the act of increasing the stock of money available for business loans
a. True b. False Indicate whether the statement is true or false
Which of the following is not a factor of production?
a. labor hours b. capital equipment c. acres of cultivatable land d. money e. physical plant or factory
Which of the following correctly ranks personal consumption, government consumption and investment, and nonresidential investment in order from greatest to least for the U.S. in 2015?
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