Using the below graph give the slopes of the straight lines tangent to the curve at points A, B, and C
Please provide the best answer for the statement.
The slope at point A is 5/5 = 1, at B it is zero, at C it is ?5/5 = ?1. To find these slopes divide the vertical distance of the tangent by the horizontal distance. At point C the line slopes down, so the vertical distance is negative when the horizontal direction is positive.
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If a policy change by the Fed is ________, then the change in policy has exactly the same result on the economy as it does when we assume that households and firms have adaptive expectations
A) unannounced or not credible B) unannounced or credible C) announced or credible D) announced or not credible
The current account shows transactions in goods and services; the capital account shows purchases and sales of assets; and the official reserve transactions account shows movement of international reserves
a. True b. False