In the above figure, the inflationary gap when AD2 is the aggregate demand curve equals

Samsung provides a warranty for all goods it manufactures to indicate that these goods are of high quality. This is an example of ________

A) hedging B) signaling C) internalizing an externality D) sniping

When the Fed embarked on a policy known as quantitative easing, they

A) reduced the required reserve ratio by one-quarter point per month for 12 months. B) bought longer-term securities than are usually bought in open market operations. C) opened up lending to primary dealers, commercial banks, and investment banks. D) slowly lowered the federal funds rate target until it was equal to zero.