Which of the following is an appropriate policy for a central bank to follow if the economy is plagued with deflation?
A) using contractionary monetary policy to drive up interest rates
B) gradually raising the required reserve rate
C) increasing the target interest rate on overnight loans
D) consistently pursuing policy to promote the credibility of the central bank
D
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Suppose Jordan and Lee are trying to decide what to do on a Friday. Jordan would prefer to see a comedy while Lee would prefer to see a documentary. One documentary and one comedy are showing at the local cinema. The payoffs they receive from seeing the films either together or separately are shown in the payoff matrix below. Both Jordan and Lee know the information contained in the payoff matrix. They purchase their tickets simultaneously, ignorant of the other's choice. 
Suppose a timing element is added to the game, and that Jordan buys a ticket first. Then, after seeing Jordan's choice, Lee buys a ticket. What will be the equilibrium outcome?
A. Both Jordan and Lee will buy a ticket to the documentary. B. Both Jordan and Lee will buy a ticket to the comedy. C. Jordan will buy a ticket to the documentary and Lee will buy a ticket to the comedy. D. Jordan will buy a ticket to the comedy and Lee will buy a ticket to the documentary.
Which of the following statements is true?
A) Both nominal and real interest rates are procyclical and leading. B) Both nominal and real interest rates are procyclical and lagging. C) Nominal interest rates are procyclical and real interest rates are countercyclical. D) Nominal interest rates are procyclical and real interest rates are acyclical.
Under perfect price discrimination,
a. equilibrium quantity and consumer surplus are the same as under perfect competition b. equilibrium quantity is greater and consumer surplus is the same as under perfect competition c. equilibrium quantity and consumer surplus are less than under perfect competition d. equilibrium quantity is the same but consumer surplus is less than under perfect competition e. equilibrium quantity is less but consumer surplus is the same as under perfect competition
What will cause outward shift of the Demand curve for electricity?
a. decrease in price of electricity b .increase in price of A/C c. Increase in price of heating oil d. decrease in price of natural gas e. increase in price of electricity