Cutting the fed funds rate
A. can cause interest rates to increase.
B. can cause deflation to occur.
C. puts downward pressure on inflation.
D. puts upward pressure on prices.
Answer: D
Economics
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Which one of the following would count as investment in the GDP accounts?
A. Purchase of a new airplane by an airline. B. Purchase of a U.S. government bond. C. Purchase of 100 shares of Wal-Mart stock. D. Purchase of an existing house.
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Low-income countries are classified as having
a. less than $1,025 per capita income. b. less than $5,000 per capita income. c. less than $9,190 per capita income. d. less than $12,475 per capita income.
Economics