As inflation increases, purchasing power ______.

The private financial market where banks borrow and loan reserves to meet the minimum research requirements is called:

A) federal funds market. B) loanable funds market. C) discount loans market. D) repo market.

What made the recession of 2007-2009 different than any other recession since the Great Depression?

A) the government did not implement a fiscal stimulus B) the Fed failed to reduce interest rates C) it was accompanied by a financial crisis D) the impact was primarily limited to the financial sector