When the Fed lowers the federal funds rate, which of the following economic variables responds most rapidly? other short-term interest rates consumption expenditure the supply of loanable funds the inflation rate the long-term real interest rate   Maintaining the growth of the money supply at a constant rate is an example of an inflation targeting rule. a money targeting rule. discretionary policy. a nominal GDP targeting rule. a money demand rule.   The Fed increases the quantity of money to counteract inflation. negative net exports. a federal budget surplus. an inflationary gap. a recessionary gap.   One of the major reasons why the United States exports jet airplanes is because Boeing faces ________ opportunity cost than firms in other nations in the production of such aircraft. a lower an unrelated a nonexistent an identical a higher   If the United States imports purses, then the quantity of purses produced in the United States will ________ and the quantity of purses purchased by consumers in the United States will ________. decrease; increase not change; increase decrease; decrease increase; decrease increase; increase

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When the Fed lowers the federal funds rate, which of the following economic variables responds most rapidly?

other short-term interest rates
consumption expenditure
the supply of loanable funds
the inflation rate
the long-term real interest rate
 
Maintaining the growth of the money supply at a constant rate is an example of

an inflation targeting rule.
a money targeting rule.
discretionary policy.
a nominal GDP targeting rule.
a money demand rule.
 
The Fed increases the quantity of money to counteract

inflation.
negative net exports.
a federal budget surplus.
an inflationary gap.
a recessionary gap.
 
One of the major reasons why the United States exports jet airplanes is because Boeing faces ________ opportunity cost than firms in other nations in the production of such aircraft.

a lower
an unrelated
a nonexistent
an identical
a higher
 
If the United States imports purses, then the quantity of purses produced in the United States will ________ and the quantity of purses purchased by consumers in the United States will ________.

decrease; increase
not change; increase
decrease; decrease
increase; decrease
increase; increase
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