If the Federal Reserve raises the federal funds rate, what is likely to happen?
a. There will be more money available for investment and growth.
b. Inflation will increase, and unemployment will decrease.
c. Both inflation and unemployment will decrease.
d. There will be less money available for investment and growth.
Answer: a
You might also like to view...
When the United States Supreme Court decides an issue
A. all other courts are obligated to abide by the decision. B. all other courts consider the Supreme Court's opinion in their own decision making. C. each court can determine for itself whether the Supreme Court's decision applies to cases in its jurisdiction. D. Congress is required to pass laws that support that decision. E. it is written into the Constitution as an Amendment, if it raised a constitutional question.
Which of the following was most responsible for the Westphalian system becoming the basis of world politics?
a. diplomacy b. colonization c. trade d. bureaucracies