Has world trade increased continually over the 60 years?
What will be an ideal response?
World trade has grown virtually every year over the past six decades. Nonetheless, real world exports did fall in several years, most notably in the mid 1970s, the early 1980s and again in 2001. The common feature of all of these periods is that they encompass recessions that occurred in the United States and other industrialized countries.
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All Fed purchases and sales of
a. corporate stocks and bonds are conducted at the New York Fed's trading desk. b. government bonds are conducted at the New York Fed's trading desk. c. real estate and other real assets are conducted by the Federal Open Market Committee. d. All of the above are correct.
Projecting that it might temporarily fall short of legally required reserves in the coming days, the Bank of Beano decides to borrow money from its regional Federal Reserve Bank. The interest rate on the loan is called the:
A. prime rate. B. federal funds rate. C. Treasury bill rate. D. discount rate.