Basic research seeks to answer specific questions or to apply scientific discoveries to the development of specific products

With the policy rate set at zero, the rise in expected inflation will lead to a ________ in the real interest rate, which will cause investment spending and aggregate output to ________

A) fall; rise B) fall; fall C) rise; rise D) rise; fall

In 2009, the top 1% of all income earners paid _________ percent of federal taxes.

A. 1.0 B. 4.1 C. 15.6 D. 22.3