Correct Answer inflation Question 7 Economists who try to predict recessions

Correct answer inflation question 7 economists who

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Correct Answer: inflation. Question 7 Economists who try to predict recessions find that recessions are Selected Answer: difficult to predict. Correct Answer: difficult to predict. 1 out of 1 points 1 out of 1 points 1 out of 1 points 1 out of 1 points
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11/7/15, 8:47 PM Review Test Submission: Quiz 1 Page 3 of 8 Question 8 During the 2000s, banks became complacent about making mortgage loans because Selected Answer: the banks counted on housing prices to keep appreciating. Correct Answer: the banks counted on housing prices to keep appreciating. Question 9 When the overall level of business activity declines persistently, there is said to be Selected Answer: a depression. Correct Answer: a recession. Question 10 The simple equation that can be used to predict how the Federal Reserve will change interest rates is known as Selected Answer: the Taylor rule. Correct Answer: the Taylor rule. Question 11 More than half of all U.S. dollars can be found Selected Answer: in foreign countries. Correct Answer: in foreign countries. Question 12 Earning interest on past interest is Selected Answer: compounding. Correct Answer: 1 out of 1 points 0 out of 1 points 1 out of 1 points 1 out of 1 points 1 out of 1 points
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11/7/15, 8:47 PM Review Test Submission: Quiz 1 Page 4 of 8 compounding. Question 13 Economic policy affects Selected Answer: the entire financial system. Correct Answer: the entire financial system. Question 14 The policymaking institution that determines the money supply, sets the rules for how checks are cleared and how banks obtain new currency, and determines what activities banks may or may not engage in and whether banks are operating in a prudent fashion is the Selected Answer: Federal Reserve System. Correct Answer: Federal Reserve System.
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