If the Fed wants to fight recession, it will ________ the federal funds rate in order to ________
A) lower; increase aggregate demand
B) raise; increase aggregate supply
C) lower; increase aggregate supply
D) raise; decrease aggregate supply
E) raise; increase aggregate demand
A
Economics
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Explain how an increase in the price of leather brought about by shift in tastes may lead to an increase in the supply of beef
What will be an ideal response?
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The price of bread in terms of gallons of milk per loaf is 0.6 and the price a gallon of milk in terms of pounds of butter per gallon is 1.2. What is the relative price of bread to butter?
A) 1.39 B) 0.6 C) 0.72 D) 0.50
Economics