In the United States during the 1970s, expected inflation
a. rose substantially.
b. rose slightly.
c. fell slightly.
d. fell substantially.
a
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A decrease in the inflation rate will lead to a ________ nominal interest rate, which will ________ the debt-to-GDP ratio
A) higher; raise B) higher; reduce C) lower; raise D) lower; reduce
The term "open market operations" refers to the:
A. loan-making activities of commercial banks. B. effect of expansionary monetary policy on interest rates. C. operation of competitive markets in the banking industry as the result of deregulation. D. buying and selling of government securities by the Federal Reserve.
If the price of inputs falls and the level of consumer indebtedness rises:
a. Aggregate demand rises, but aggregate supply does not change. b. Aggregate demand falls, and aggregate supply rises. c. Aggregate demand and aggregate supply rise. d. Neither aggregate demand nor aggregate supply change. e. Aggregate demand rises, and aggregate supply falls.
Which of the following is not a cause of the decline in the U.S. men's labor-force participation rate over the past several decades?
a. young men now stay in school longer than their fathers and grandfathers did b. older men now retire earlier and live longer c. with more women employed, there are fewer jobs now available to men d. more fathers now stay at home to raise their children