What are the twin goals of the Federal Reserve Bank?
a) Low unemployment and zero inflation.
b) No unemployment and stable prices.
c) Low unemployment and stable prices.
d) No unemployment and zero inflation.
Ans: c) Low unemployment and stable prices.
Economics
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Compared with France, who stayed in the ERM, what was the result of Britain's exit?
A) France's economy performed a bit better. B) Britain had an economic recession while France enjoyed an expansion. C) There was no significant difference. D) France had an economic recession while Britain enjoyed an expansion.
Economics
We can say that the potential level of real GDP is fixed because the long-run aggregate supply curve is a vertical line
a. True b. False Indicate whether the statement is true or false
Economics