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
A true albino squirrel. Note the pink eyes.
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
Jet streams and Earth’s heat budget
Protein Needs Are Determined by Nitrogen Balance in Your Body
Growth of Government Spending, 1870–2009
Acid–Base Balance