Which of the following is correct? Price controls
a. always help those they are designed to help.
b. never help those they are designed to help.
c. often hurt those they are designed to help.
d. always hurt those they are designed to help.
c
Economics
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As the Fed lowers the federal funds rate,
A) the price level falls. B) real GDP decreases. C) aggregate demand increases. D) aggregate supply increases. E) aggregate income decreases.
Economics
Which of the following ideas of the rational expectations theory has been absorbed into mainstream macroeconomics?
A. The monetary rule. B. The idea that "money doesn't matter." C. The monetary multiplier. D. The idea that "expectations are important"
Economics