The Fed can surely reduce the rightward shift of the AD curve, but
a. stock and bond prices may fall dramatically
b. inflation may rise sharply
c. inflation would change in an unpredictable fashion
d. recession may result
e. unemployment may fall to below the natural rate
D
Economics
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In the figure, the equilibrium price is initially $3 per bushel of wheat. If suppliers come to expect that the price of a bushel of wheat will rise in the future, but buyers do not, the current equilibrium price will
A) rise. B) not change. C) fall. D) Perhaps rise, fall, or stay the same, depending on whether there are more demanders or suppliers in the market.
Economics
Economists who believe that the economy is self-regulating are more likely to be nonactivists than activists
Indicate whether the statement is true or false
Economics