Which of the following is false about a liquidity trap situation:
a. Quantitative easing might be a more effective strategy to stimulate the economy than buying short term government securities.
b. The Fed can lower both short term and long term interest rates by using quantitative easing.
c. The Fed cannot easily reduce the fed funds interest rate
d. Quantitative easing may be able to affect long term interest rates even when the Fed is unable to appreciably lower short term interest rates.
b
Economics
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The best example of a nondurable good is
a. a television set b. carpeting c. a washing machine d. an electric saw e. a pair of children's shoes
Economics
Are money and income the same thing?
A. No, money is measured at a point in time and income is measured for a period of time. B. No, money is measured for a period of time and income is measured at a point in time. C. Yes, they are just measured in different ways. D. Yes, the only difference is real versus nominal.
Economics