During the recession of 2007-2009, the Federal Reserve began cutting its target for the Federal Funds rate in
A. September of 2007.
B. September of 2008.
C. January of 2009.
D. January of 2007.
Answer: A
Economics
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A key theme fundamental to all of economics is:
A) there are limited wants. B) we are a rich country but are simply not aware of it. C) people have unlimited wants facing limited means to satisfy them. D) there are unlimited resources.
Economics
If an investor's primary stock holding is currently Exxon Mobil, the purchase of which of the following stocks would provide the investor with the largest reduction in risk?
a. BP / Amoco. b. Shell Oil Corporation. c. General Motors. d. Texaco.
Economics