The interest rate banks pay to borrow money from the Fed is the
A. federal funds rate.
B. prime lending rate.
C. discount rate.
D. reserve rate.
Answer: C
Economics
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Indicate whether the statement is true or false
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The real wealth effect is one reason for the negative slope of the aggregate demand curve
a. True b. False Indicate whether the statement is true or false
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Diseconomies of scale exist over the range of output for which the long-run average cost curve is:
A. constant. B. falling. C. rising. D. subject to diminishing returns.
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Movement along the aggregate demand curve may be caused by a change in autonomous investment spending.
a. true b. false
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