Approaches to establishing central bank credibility include
A) continued success at keeping inflation under control.
B) central bank independence.
C) appointment of a more conservative central banker.
D) all of the above.
D
Economics
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Trade deficits always lead to future decreases in consumption if the trade deficits
A) support current investment. B) support current consumption. C) require borrowing from abroad. D) support either current investment or current consumption.
Economics
If the probability of losing your job remains ________, a recession would be a good time to purchase a home because the Fed usually ________ interest rates during this time
A) low; lowers B) low; does not change C) high; lowers D) low; raises E) high; raises
Economics