If the federal funds rate is set by the Taylor rule and the output gap increases by 5 percentage points, everything else remaining unchanged, the federal funds rate should ________
A) decrease by 2.5 percentage points B) decrease by 5 percentage points
C) increase by 5 percentage point D) increase by 2.5 percentage points
D
Economics
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If portable disk players made in China are imported into the United States, the Chinese manufacturer is paid with
A) dollars. B) yuan, the Chinese currency. C) international monetary credits. D) euros, or any other third currency.
Economics
Which of the following is a source of inequality in incomes?
a. luck b. willingness to take risks c. differences in investment in human capital d. All of the above are correct.
Economics