If the Fed is concerned about a possible recession, it ________ the federal funds rate and, in response, long-term interest rates ________ by a ________ amount than the change in short-term rates
A) raises; increase; larger
B) lowers; increase; smaller
C) raises; decrease; larger
D) lowers; decrease; smaller
E) raises; increase; smaller
D
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________ is a tendency to search for information that reaffirms individuals' own beliefs, thus entrenching them further in their own prejudices
A) Attenuation bias B) Confirmation bias C) Attentional bias D) Negativity bias
What curve shows the quantity of goods and services that firms choose to produce and sell at each price level?
Describe what the unemployment rate and the employment rate measure. If we were to sum the unemployment rate and the employment rate, would that sum be equal to one hundred percent? Explain why or why not
Expansionary fiscal policy will cause the IS curve to shift to the right.
Answer the following statement true (T) or false (F)