The U.S. economy during the 2001-2004 period was been characterized by all of the following except
a. expansionary fiscal policy.
b. expansionary monetary policy.
c. a jobless recovery.
d. moderate economic growth.
e. none of the above
E
Economics
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With fixed exchange rates and capital mobility:
a. interest rates in the home country and in foreign countries are equalized. b. interest rates in the home country are higher. c. interest rates in foreign countries are higher. d. monetary policy maintains its autonomy.
Economics
Suppose the GDP implicit price deflator was 112.7 in 2013 and 116.0 in 2014. Therefore, the inflation rate in 2014 would be
A) 2.8%. B) 2.9%. C) 3.3%. D) 16%.
Economics