The _____ is the interest rate at which banks make overnight loans to other banks
Fill in the blank(s) with correct word
federal funds rate
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Some of the systematic mistakes that people make include
a. being overconfident. b. placing too much weight on events that are more vivid compared to those with greater statistical probability. c. being generally unwilling to change their minds. d. All of the above are correct.
The policy mix that would cause the interest rate to decrease and investment to increase, but have an indeterminate effect on aggregate output, is a mix of
A) contractionary fiscal policy and expansionary monetary policy. B) expansionary fiscal policy and contractionary monetary policy. C) expansionary fiscal policy and expansionary monetary policy. D) contractionary fiscal policy and contractionary monetary policy