In general, the fed funds rate

A) moves in the direction suggested by the Taylor rule.
B) moves in the opposite direction as suggested by the Taylor rule.
C) is uncorrelated with the Taylor rule prediction.
D) None of the above.

A

Economics

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If national income is $400 billion, consumption spending is $380 billion, and MPC is 0.5, what is the level of saving?

a. $20 billion b. $210 billion c. $380 billion d. $590 billion e. $780 billion

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Political instability is an obstacle to development in:

A. both market and socialist economies. B. neither market nor socialist economies. C. market economies. D. socialist economies.

Economics