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Author Question: Based on the above table, if the current price level is 100 and the unemployment rate is 4 percent, ... (Read 84 times)

tiara099

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Based on the above table, if the current price level is 100 and the unemployment rate is 4 percent, then the
 
  A) expected inflation rate is 8 percent.
  B) inflation rate is 2.8 percent.
  C) expected inflation rate is 2.8 percent.
  D) inflation rate is 8 percent.
  E) inflation rate is 108 percent.

Question 2

When the FOMC raises the federal funds rate, almost immediately ________, and a few weeks later the ________.
 
  A) short-term interest rates fall; quantity of money and supply of loanable funds decrease
  B) long-term interest rates rise; quantity of money and supply of loanable funds increase
  C) long-term interest rates rise; quantity of money and supply of loanable funds decrease
  D) short-term interest rates rise; quantity of money and supply of loanable funds decrease
  E) short-term interest rates fall; quantity of money and supply of loanable funds increase



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Meganchabluk

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Answer to Question 1

D

Answer to Question 2

D




tiara099

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


AngeliqueG

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Reply 3 on: Yesterday
:D TYSM

 

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