Economists believe that the Consumer Price Index tends to overstate the actual rate of inflation

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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If the aggregate supply curve is the horizontal an increase in government spending will result in which of the following?

A) Increase/Increase B) Increase/No change C) Increase/Decrease D) No change/Increase E) No change/No change

Economics

An increase in the discount rate would:

A) decrease bank borrowing of reserves and reflect an expansionary monetary policy. B) decrease bank borrowing of reserves and reflect a contractionary monetary policy. C) increase bank borrowing of reserves and reflect an expansionary monetary policy. D) increase bank borrowing of reserves and reflect a contractionary monetary policy.

Economics