Inflation ________ the cost of holding money and ________ the after-tax real interest rate
A) decreases; increases
B) increases; decreases
C) increases; increases
D) decreases; decreases
E) increases; does not change
B
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When attempting to decrease the federal funds rate, the Fed can
A) increase reserve requirements. B) engage in an open market purchase. C) increase the discount rate. D) raise the interest rate paid on bank reserves.
The best method to produce something is generally ______.
a. the method using the least labor b. the method using the least capital c. the lowest cost method d. the most expensive method
The population growth rate in IACs (industrially advanced countries) in 2000-2010 averaged 0.7% per year. This compares to what percentage growth per year in low-income DVCs (developing countries)?
A. 1.1% B. 2.1% C. 4.0% D. 0.4%
Which statement is true?
A. In 1900 most Americans lived on farms. B. The United States' industrial base was largely destroyed by World War I. C. John D. Rockefeller controlled the U.S. automobile industry during the first two decades of the 20th century. D. Andrew Carnegie was the leading steel producer in the U.S. in 1900.