If the economy slips into recession, the Fed ________ the federal funds rate, which ________ the short-term interest rate, and ________ the quantity of money
A) lowers; lowers; decreases
B) raises; lowers; increases
C) raises; lowers; decreases
D) lowers; lowers; increases
E) lowers; raises; increases
D
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If saving equals $200 when real disposable income equals $1,000, the break-even income is
A) less than $1,000. B) greater than $1,000. C) equal to $1,000. D) equal to $1,200.
Straight line pay for performance
a. Eliminates the managers' incentives to lie about the budget b. Eliminates the perverse incentive to hide information c. Does not link compensation to meeting a budget target d. All of the above
If the economy in the graph shown is currently at point B, and the government increases its spending, the likely outcome will be that the:
A. economy will increase its level of output.
B. economy will experience deflation.
C. economy's unemployment rate will increase.
D. All of these are likely to be true.
Most agricultuel markets:
a. have a large number of relatively small producers b. have seen improving productivity and cost efficeincy c. both of the above d. neither of the above