Monetary policy includes adjustments in ________ so as to change ________.

Fill in the blank(s) with the appropriate word(s).


the federal funds rate; aggregate demand

Economics

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Which of the following contracts is considered self-enforcing?

a. An assurance provided by a lawyer to his/her client to win a case. b. A futures contract purchased through a NYSE broker. c. An agreement between two oligopolists to follow uniform pricing strategy. d. An agreement between two students to share assignment responsibility.

Economics

What does GDP measure to avoid double-counting?

a. final goods and services b. intermediate goods and services c. net exports d. all sales of goods and services

Economics

For which of the following time periods did the U.S. have a budget surplus?

a. 1990-1993 b. 1998-2001 c. 2003-2006 d. The U.S. did not have a surplus in any of these time periods.

Economics

The average-fixed-cost curve

a. is constant. b. is always decreasing. c. intersects marginal cost at the minimum of average fixed cost. d. intersects marginal cost at the minimum of marginal cost.

Economics