Other Things the Same,if the Central Bank Decreases the Rate

question 58

Multiple Choice

Other things the same,if the central bank decreases the rate at which it increases the money supply,then

• A)unemployment and inflation rise in the short run.
• B)unemployment rises and inflation falls in the short run.
• C)unemployment falls and inflation rises in the short run.
• D)unemployment and inflation fall in the short run.

Identify legal actions available for receiving unordered merchandise.

Recognize the legal implications of strict product liability.

Understand discrimination prohibitions in credit applications.

Know the FTC's rules and regulations related to sales and advertising practices.

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Definitions:

Cycles

Periods or sequences in a system or process that repeat in a regular pattern, such as the phases of economic growth and decline or the operation of machinery.

Seasonality

Refers to fluctuations in demand or supply of certain products or services that occur regularly at certain times of the year.

Moving Average

A technique in statistics that involves calculating averages from various subsets within the whole data set for analysis purposes.

Responsiveness

Refers to the ability of a business or system to quickly react to changes or demands in the environment.