Central planners
A) know more than the market.
B) know less than the market knows.
C) process information more efficiently than the market.
D) can predetermine equilibrium prices.
B
Economics
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The slope of a positive relationship is
A) positive. B) undefined. C) positive to the right of the maximum point and negative to the left. D) constant as long as the relationship is nonlinear.
Economics
All the following affect short-run operating targets of the FOMC, except:
a. the federal funds rate. b. the rate of inflation. c. the budget deficit. d. the foreign exchange rate. e. the growth of real GDP.
Economics