In the long run, the Federal Reserve can control which of the following?
A) the unemployment rate B) the growth rate of real GDP in the economy
C) the inflation rate D) the natural rate of unemployment
C
Economics
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If demand is price inelastic and the price is lowered, which of the following occurs?
A) The quantity sold decreases. B) The total expenditure increases and the total revenue decreases. C) The total revenue of the firms selling the product is unchanged. D) The total revenue of the firms selling the product decreases. E) The total expenditure decreases and the total revenue increases.
Economics
Which of the following will not lead to economic growth?
A) increased immigration B) restrictions on international trade C) introduction of faster computers D) opening all federal lands to mining
Economics