If the Fed lowers the federal funds rate, which of the following will NOT happen?
A) The real interest rate falls.
B) Other short-term interest rates fall.
C) Aggregate demand increases.
D) Real GDP increases.
E) The price level falls.
E
Economics
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The more firms are present in a market, the:
A. more competition is likely to be present. B. less competition is likely to be present. C. more like a monopoly it will behave. D. more collusion is likely to occur.
Economics
In the long run, an increase in productivity would cause output to ________ and the aggregate price level to ________.
A. rise; fall B. fall; rise C. rise; rise D. fall; fall
Economics