Author Question: Which of the following is an example of the First World? a. The West European countries b. The ... (Read 26 times)

jayhills49 · **on:** Jun 30, 2018

Which of the following is an example of the First World?
a. The West European countries
b. The Middle East countries
c. The South Asian countries
d. The African countries
e. The Latin American countries

Question 2

Which of the following is false about a liquidity trap situation:
a. Quantitative easing might be a more effective strategy to stimulate the economy than buying short term government securities.
b. The Fed can lower both short term and long term interest rates by using quantitative easing.
c. The Fed cannot easily reduce the fed funds interest rate.
d. Quantitative easing may be able to affect long term interest rates even when the Fed is unable to appreciably lower short term interest rates.