Which of the following equations represent Taylor Rule?
A) rFF = rFF* - a(p – p*) - b
B) rFF = rFF* + a(p – p*) + b
C) rFF = rFF* - a(p – p*) + b
D) rFF = rFF* + a(p + p*) + b
B
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Which of the following is an economic explanation for the "beauty premium"?
a. Employers pay very attractive women less than average-looking women because they believe them to be less intelligent. b. Employers pay above-average-looking men more than above-average-looking women. c. Employers pay above-average-looking women more than average-looking women because customers prefer to deal with better-looking women. d. Employers pay above-average-looking men more because they signal to the market that they are willing to spend more money on personal grooming, a sign of wealth and stability.
Some countries intentionally aim for a low standard of living, high rates of unemployment and inflation, or an unsustainable trade imbalance within their economies.
Select whether the statement is true or false. A. True B. False