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assume that a country has a fixed exchange rate but that the rate is above the rate that would occur if the central
the federal reserve uses the federal funds rate as an operating target becausea it is an excellent indicator of the
the supply of and demand for bank reserves determines thea treasury bill rateb prime ratec discount rated federal funds
an effective federal reserve operating target is a target that is reliably linked toa inflation and unemployment ratesb
which of the following is an example of a federal reserve operating targeta federal funds rateb unemployment ratec
which of the following is an interest rate target specified in the fomc directivea discount rateb treasury bond ratec
the unemployment rate is an example of a federal reservea toolb operating targetc intermediate targetd ultimate
which of the following is an ultimate objective of the federal reservea real gdp growthb m1 growthc m2 growthd low
the federal open market committee directive is aa general statement of federal reserve policy goalsb detailed
if the price of gasoline is 400 per gallon and the price elasticity of demand is 04 how much will a 10 reduction in the
describe the taylor rule if the fed were following the rule what would the nominal fed funds rate be if inflation over
20 years ago john invested 10000 in a mutual fund the value of his investment declined by 19 during the first year and
according to the rational expectations hypothesis unemploymenta does not exist in the short runb may exist and when it
the link between the money market and the goods and services market exists through the impact ofa tax revenue on the
suppose you are given the following total product function where q is total output or units produces k capital l labor
a firm uses labor and machines to produce output according to the production function fl m 4l12 m12 where l is the
what is the best way to use static supply and demand theory to analyze a dynamic world which is constantly
the government imposes an excise tax on the sale of all toothbrushes before the tax 2 million toothbrushes were sold
the slope of the total product output curve is thea average productb slope of a line from the origin to the pointc
we manufacturer automobiles given the production function q 5kl where q is the number of autos assembled per
when the average product is decreasing then marginal producta equals average productb is increasingc exceeds average
in a short-run production process the marginal cost is rising and the averger variable cost is falling as output is
the able corporation is considering the installation of a small electronic testing device for use in conjunction with a
device a costs 100000 initially whereas devise b costs 140000 maintenenance will be 4500 for devise a and 2750 for