The novelty of Phillips' article was his finding of a ____ correlation between ____ and ____
a. positive; unemployment; the interest rate
b. negative; inflation; the exchange rate
c. negative; unemployment; inflation
d. positive; the rate of growth of the money supply; inflation
c
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Use the information in the following table to answer the next question. In the table, investment is in billions.(1) Interest Rate(2) Investment (billions of dollars)(3) Investment (billions of dollars)4%$100$8059070680607705086040Suppose the Fed increases the interest rate from 5 to 6%. As a result of this increase in the interest rate, using column (2) investment will ________.
A. increase by $10 billion B. increase by $20 billion C. decrease by $10 billion D. decrease by $20 billion
International trade arises from
A) absolute advantage. B) comparative advantage. C) importation duties. D) the advantage of execution.
If the bank of Waterloo receives a $10,000 deposit and the reserve requirement is 10 percent, how much can the bank loan out? (Assume that before the deposit this bank is just meeting its legal reserve requirement.)
A) $1,000 B) $9,000 C) $10,000 D) $11,000
Explain dynamic and defensive open market operations. What is the purpose of each type? Describe two situations when defensive open market operations are used. How are defensive open market operations typically conducted?
What will be an ideal response?