The Federal Reserve has just purchased bonds in the market, carrying out open market operations. In the short run in the Keynesian model, this would cause the foreign real interest rate to ________ and foreign output to ________
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
A
Economics
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Lower prices are always better for society.
Answer the following statement true (T) or false (F)
Economics
During the past 100 years, the United States has transformed into primarily
A. A manufacturing economy. B. A service economy. C. A closed economy with little foreign trade. D. An agricultural economy.
Economics