The Taylor rule is an example of
A) an instrument rule focused on the monetary base.
B) an instrument rule focused on the federal funds rate.
C) an instrument rule based on M1.
D) a targeting rule focused on the monetary base.
E) a targeting rule focused on the federal funds rate.
B
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Joel has a 1966 Mustang, which he sells to Susie, an avid car collector. Susie is pleased since she paid $8,000 for the car but would have been willing to pay $11,000 for the car. Susie's consumer surplus is $2,000
a. True b. False Indicate whether the statement is true or false
If the rate of return is higher than the cost of borrowing the:
A. investor will lose money on net after paying back the loan. B. investor will make money on net after paying back the loan. C. saver will make less money on net than the borrower. D. borrower will make more money on net than the saver.