Between 1995 and 2012, the U.S. productivity rate:
A. was slightly negative, mainly because of record levels of employment growth.
B. grew substantially compared to prior years, leading some economists to predict a long-
lasting resurgence of productivity growth.
C. slowed considerably relative to the high rates between 1990 and 1995.
D. reached record low levels for the United States' economy, leading some economists to talk
of a long-term trend of stagnation.
B. grew substantially compared to prior years, leading some economists to predict a long-
lasting resurgence of productivity growth
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From 1980 to 2000, the yen—dollar exchange rate fell from 240 yen/dollar to 102 yen/dollar, while the dollar—pound exchange rate fell from 2.22 dollars/pound to 1.62 dollars/pound. As a result
A) the dollar appreciated relative to the yen, but depreciated relative to the pound. B) the dollar depreciated relative to the yen, but appreciated relative to the pound. C) the dollar appreciated relative to both the yen and the pound. D) the dollar depreciated relative to both the yen and the pound.
How can the Fed reduce a continuing inflation?
a. By slowing the continuing downward shift of the aggregate supply curve b. By increasing the money supply c. By slowing the continuing leftward shift of the aggregate demand curve d. By decreasing the required reserve ratio e. By slowing the continuing rightward shift of the aggregate demand curve.