Macroeconomics

The discount rate's main significance is that: a. changes in the rate are commonly viewed as a ...

Started by frankwu

Wages are said to be sticky downwards because this promotes good work effort and ensures that ...

Started by nevelica

If a cut in prices increases total revenue in the short run, what will it do to total revenue in the ...

Started by nummyann

What can the Fed do to decrease the supply of money? a. open market purchases of government bonds ...

Started by TVarnum

Suppose the inflation rate has been 6 percent over the past four years. If the Federal Reserve ...

Started by Mimi

If an increase in prices increases total revenue for a product in the short run, in the long run, it ...

Started by fasfsadfdsfa

An increase in the required reserve ratio, say from 10 to 12 percent would: a. decrease the money ...

Started by piesebel

The only difference between adaptive and rational expectations is that the theory of adaptive ...

Started by strangeaffliction

Suppose there is a 10 percent increase in the price of good X and it causes a 10 percent decrease in ...

Started by mpobi80

If the Fed conducted an open market sale of government bonds and raised the discount rate: a. the ...

Started by robinn137

If the Fed follows a high-growth monetary policy, but workers believe that the policy is time ...

Started by jman1234

Suppose the demand for a good is currently unit elastic over the relevant range. Then the producer ...

Started by Mr3Hunna

Federal funds market rate is: a. the rate at which central bank provides funds to commercial banks. ...

Started by dejastew

Irrespective of whether the inflation rate is high or low, if the inflation rate is above the ...

Started by FButt

Suppose a 5 percent increase in price causes a 25 percent decrease in quantity demanded. Which of ...

Started by fagboi

Other things being equal, if you took money out of your savings deposit account and put it in a ...

Started by stevenposner

In order to achieve an unemployment rate below the natural rate of unemployment, the Fed must pursue ...

Started by tingc95

A reserve requirement of 25 percent would mean that each dollar of reserves could support ____ of ...

Started by tatyanajohnson

In the long run, the economy is better off if policymakers exploit the short-run trad-eoff between ...

Started by lbcchick

If a bank has 1 million in demand deposits, 400,000 in reserves, and faces a 30 percent reserve ...

Started by sarasara

A recessionary real shock is associated with an outward shift of the short-run Phillips curve and ...

Started by segrsyd

The price elasticity of demand coefficient for gourmet coffee is estimated to be equal to 1.6 . It ...

Started by Yi-Chen

If a bank receiving a new deposit of 200,000 would be able, as a result, to increase their lending ...

Started by cagreen833

More stable macroeconomic policy does not contribute to less variability in real output. a. True ...

Started by crazycityslicker

A recent study at a liberal arts college concluded that demand elasticity is 0.91 for college ...

Started by swpotter12