Which of the following is a microeconomic consequence of inflation?
A. Greater unemployment.
B. Wealth effects.
C. Greater real income.
D. None of the other choices.
Answer: B
Economics
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If the Fed desired to reduce the federal funds rate,
A) it would conduct an open market sale, reducing reserve supply. B) it would conduct an open market purchase, increasing reserve supply. C) it would conduct an open market sale, increasing reserve demand. D) it would conduct an open market purchase, reducing reserve demand.
Economics
The United States is a major exporter of
a. diamonds b. bauxite c. coffee d. corn e. gold
Economics