If inflation is higher than expected, then lenders receive interest payments whose real values are less than they expected

The Fed shifted from emphasizing the importance of a target interest rate to emphasizing the importance of a target money supply in order to

a. combat inflation in the economy b. combat unemployment in the economy c. spur economic growth in the economy d. create a better balance of trade for the economy e. combat deflation in the economy

Refer to the graph below, which shows the market for beef where demand shifted from D1 and D2. The change in equilibrium from E1 to E2 cannot be a result of:

A. Buyers expectations of lower prices for beef in the very near future
B. An increase in the subsidy given to cattle farms
C. A widespread concern about mad-cow disease
D. A decrease in the productivity of cattle farms