Using the Taylor rule, if the current inflation rate equals the target inflation rate and real GDP equals potential GDP, then the federal funds target rate equals the

As contrasted to the Keynesian view, mainstream economists believe that ________ than Keynesian economists believe

A) the real GDP growth rate is larger B) any crowding out effect is smaller C) the effects from fiscal stimulus are weaker D) potential GDP is less important E) the multiplier effect is larger

The figure above shows the market for tires. The government has imposed a tax on tires, and the sellers pay ________ of the tax

A) $10 B) $20 C) $50 D) $60 E) $30