« previous next »

Author Question: In order to achieve an unemployment rate below the natural rate of unemployment, the Fed must pursue ... (Read 25 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
In order to achieve an unemployment rate below the natural rate of unemployment, the Fed must pursue a policy of low monetary growth during a time when the public expects high inflation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The nation's largest cable TV company tested the effect of a price reduction for premium movie channels. It lowered prices 10 and found that the number of customers rose by almost 50. This means:
 a. the demand curve for the premium movie channels shifted to the right.
  b. the supply curve for premium movie channels shifted to the left.
 c. the demand for premium movie channels is elastic in this price range.
  d. the demand for premium movie channels is inelastic in this price range.


kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting
Respiratory Rate Ranges of Various Age Groups Respiratory Rate Ranges of Various Age Groups
Selected Natural Products Selected Natural Products
Natural plant sources of pharmaceutical Natural plant sources of pharmaceutical
Outgroup role in relative rate test Outgroup role in relative rate test
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library