As a result of a kinked demand curve, the price:
a. fluctuates.
b. falls below the kink.
c. settles at the kink.
d. rises above the kink.
c
Economics
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When the Fed worries about inflation, it ________ the federal funds rate and, in the short run, ________ the real interest rate
A) raises; raises B) raises; lowers C) lowers; lowers D) does not change; the Fed raises E) lowers; raises
Economics
What is a firm?
What will be an ideal response?
Economics