The exogenous variable in the monetary policy curve is ________
A) the policy parameter, ?
B) the real interest rate
C) the autonomous component,
D) the federal funds rate
E) the inflation rate
E
You might also like to view...
The breakeven price of a perfectly competitive firm is obtained at the point of intersection between the marginal revenue and marginal cost curves
Indicate whether the statement is true or false
Which of the following describes the effect of government spending?
A. Govt spending increases, taxes increase, disposable income increases, consumption decreases, AD decreases, price and quantity decrease B. Govt spending increases, money supply increases, income decreases, investment increases, AD increases, price and quantity decrease C. Govt spending increases, AD increases, price and quantity increase D. Govt spending increases, consumption increases, AD increases, price and quantity decrease
If a state government reduces property taxes for residents at the same time that it increases the state income tax, what will happen to the expenditures schedule of the residents of this state?
A. It shifts upward. B. It shifts downward. C. It becomes less steep. D. It becomes steeper. E. It does not change.
List and briefly describe the 4 categories of expenditures included in GDP
What will be an ideal response?