The lending facility that allows any bank to borrow reserves from the Fed is called the:

When the more recent observations are more relevant to the estimate of the next period than previous observations, the naïve forecasting method to employ is

A) exponential smoothing. B) compound growth rate. C) trend analysis. D) moving averages.

When the actual unemployment rate is less than the natural unemployment rate, the economy is in a recessionary gap

Indicate whether the statement is true or false