The central difference between the standard theory and the structural stagnation hypothesis, when it comes to growth, is:
A. the federal funds rate.
B. the trend growth rate.
C. the level of inflation.
D. the natural rate of unemployment.
Answer: B
Economics
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In conducting quantitative easing, the Fed may decide to purchase mortgage securities to do all of the following EXCEPT:
A. affect long-term interest rates. B. influence average home prices. C. reduce interest rates on home purchases. D. increase the amount of bank reserves.
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Describe China's reform path, including the forces that started China's reform efforts and how they continued through the 1980s and early 1990s
What will be an ideal response?
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