When actual real GDP is above natural real GDP,we say that
A) the output gap is positive.
B) the output gap is negative.
C) the output gap has been eliminated.
D) the output gap cannot be calculated.
Correct Answer:
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Q3: Ceteris paribus,bond price and bond yields are
A)inversely
Q4: The wealth effect refers to
A)the impact of
Q5: Teaser interest rates refer to
A)the initial rates
Q6: When actual real GDP is below natural
Q7: Financial markets are
A)institutions that make loans to
Q9: Funds are channeled from savers to borrowers
Q10: During recent Global Economic Crises,consumers' wealth in
Q11: Institutions that make loans to borrowers and
Q12: Financial intermediaries are
A)institutions that regulate financial instruments.
B)organized
Q13: Mortgages issued to individuals with low incomes
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