The change in the quantity demanded of a good resulting from a change in relative price with the level of satisfaction held constant is called the ________ effect

A) Giffen
B) real price
C) income
D) substitution

D

Economics

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Currently the Fed targets

A) the inflation rate B) the exchange rate. C) the federal funds rate. D) both the monetary base and the federal funds rate simultaneously. E) the price level.

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What lesson for Chinese economic reform?

a. Economic liberty comes before market institutions b. Authoritarian regimes are good at initiating reforms c. Deng placed economic reforms before political reforms d. China has the one child-family policy. e. All of the above

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