Which of the following is TRUE of the U.S. trade balance and the federal government budget?
A) In most years since the 1970s, both have been in deficit.
B) In most years since the 1970s, both have been in surplus.
C) The federal government budget deficit was more variable before the 1970s, but the trade deficit has been more variable since.
D) Both exhibited greater variability before the 1970s than they have since.
Question 2
If the federal funds rate is set by the Taylor rule and the inflation rate increases by 3 percentage points, everything else remaining unchanged, for a given inflation target, the federal funds rate should ________.
A) increase by 3 percentage point B) decrease by 3 percentage points
C) increase by 4.5 percentage points D) decrease by 1.5 percentage points
Like all animals, primates must balance their calories expended searching for food with calories, pr
Maintaining Physiological Balance
Energy Balance and Imbalances
Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out
Prices in Japan before and after Opening to Trade
Acid–Base Balance