Included among the Fed's primary goals to promote a well-functioning economy are
A) high employment, low inflation, and a high foreign-exchange value of the dollar.
B) price stability, economic growth, and a high reserve ratio.
C) low government budget deficits, interest rate stability, and no inflation.
D) a low rate of unemployment, a low and stable inflation rate, and financial market stability.
D
Economics
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If the expenditure multiplier is 5, the slope of the aggregate expenditure (AE) curve is
A) 0.2. B) 0.5. C) 0.8. D) 0.7. E) 0.6.
Economics
Suppose that apples and bananas both cost the same, but the marginal utility of bananas is twice as high as that for apples. This implies the consumer should purchase more apples and fewer bananas in order to maximize utility
a. True b. False Indicate whether the statement is true or false
Economics