When the Federal Reserve increases its target rate of inflation, it will set a ________ real interest rate at every inflation rate and the aggregate demand curve will ________.
A. lower; shift to the right
B. higher; shift to the left
C. lower; shift to the left
D. higher; shift to the right
Answer: A
Economics
You might also like to view...
With free trade between China and the United States, the winners are ___________ and the losers are _______
A. U.S. consumers of U.S. imports; U.S. producers of the U.S. import good B. China's consumers of China's imports; China's producers of its export good C. U.S. producers of the U.S. export good; U.S. consumers of U.S. imports D. China's consumers of China's export good; China's producers of its imported good
Economics
The largest category of money-market instrument is
A) commercial paper. B) U.S. Treasury bills. C) corporate bonds. D) corporate stock.
Economics