According to the text, the Fed and other policy makers are concerned about:
A. inflation rates that are too high only.
B. inflation rates that are either too high or too low compared to its set target.
C. inflations rates that are too low only.
D. annual inflations rates that exceed 10%.
Answer: B
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As the percentage of a group required for agreement approaches 100 percent, _____ costs _____
a. decision-making costs; increase b. decision-making costs; decrease c. political costs; increase d. political costs; decrease
Which statement is true?
A. In 1900 most Americans lived on farms. B. The United States' industrial base was largely destroyed by World War I. C. John D. Rockefeller controlled the U.S. automobile industry during the first two decades of the 20th century. D. Andrew Carnegie was the leading steel producer in the U.S. in 1900.