If the Fed raises the interest rate, this will ________ inflation and ________ real GDP in the short run

A) reduce; lower B) reduce; raise C) increase; raise D) increase; lower

A

Economics

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Each citizen in Nexus City has to pay $20,000 as income tax. This is an example of a ________

A) proportional income tax B) progressive income tax C) lump-sum tax D) regressive income tax

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Define neuroeconomics

What will be an ideal response?

Economics