In the long run people come to expect whatever inflation rate the Fed chooses to produce, so unemployment returns to its natural rate
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If disposable income increases, people will decide to ________ saving, the supply of loanable funds will ________ and the real interest rate will ________
A) increase; decrease; rise B) decrease; decrease; rise C) increase; increase; fall D) decrease; increase; fall
Economics
List four things that can shift the demand for an input
What will be an ideal response?
Economics
The Resolution Trust Corporation insures bank deposits
Indicate whether the statement is true or false
Economics
The Environmental Protection Agency (EPA) administers all of the following acts except the
a. Clean Air Act b. Water Pollution Control Act c. Safe Drinking Water Act d. Toxic Substances Act e. Federal Reserve Act
Economics