The federal funds rate is always __________ the repo rate
A) above
B) below
C) the same as
D) None of the above.
A
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A decrease in the price level results in a(n) ________ in household consumption spending and a(n) ________ in investment spending
A) increase; increase B) decrease; increase C) increase; decrease D) decrease; decrease
Briefly describe some of the current policies the United States has in place to limit both fairly and unfairly traded goods
What will be an ideal response?
One way DeBeers managed to maintain control over the diamond industry was to:
A. continue to be the sole diamond producer by buying all existing diamonds. B. create the illusion of no close substitutes through marketing. C. punish consumers who sought to store their wealth in diamonds. D. All of these statements are true.
Consider two goods--one that generates external benefits and another that generates external costs. A competitive market economy would tend to produce
a. too much of both goods. b. too little of both goods. c. too much of the good that generates external benefits and too little of the good that generates external costs. d. too little of the good that generates external benefits and too much of the good that generates external costs.