What is the only policy instrument the Fed really can control directly and precisely?
A) short-term interest rates
B) the money supply
C) high-powered money
D) corporate tax rates
C
Economics
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The demand for all carbonated beverages as a whole is likely to be ________ the demand for Dr. Pepper
A) perfectly inelastic compared to B) perfectly elastic compared to C) more elastic than D) less elastic than
Economics
Repealing Regulation Q still left savings-and-loan associations with a problem: most of their __________ were still at __________ interest rates
A) assets; low B) assets; high C) deposits; low D) deposits; high
Economics