Using the Taylor rule, if the current inflation rate equals the target inflation rate and real GDP is less than potential GDP, then the federal funds target rate ________ the sum of the current inflation rate plus the real equilibrium federal funds

When the production of a good involves several inputs, an increase in the cost of one input will usually cause total costs to

A) rise more than in proportion. B) rise less than in proportion. C) remain unchanged. D) rise by the exact amount of the input price increase.

The poverty line was originally determined by taking the cost of a minimal food budget for a family and multiplying by 2

Indicate whether the statement is true or false