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In 2013, one article in the Wall Street Journal noted that: "The Fed's Board of Governors kept the discount rate unchanged at 0.75%," while another article predicted that: "The Fed can be expected to state again that the target rate won't change until mid-2015."
a. What is the name of the Fed's "target rate"?
b. Briefly explain who borrows money and who lends money at this "target interest rate."
c. What is the discount rate, and how is it different from the "target rate"?
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1.most people are concerned that wages determined in the labor market are unfair2.most people typically earn the bulk
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When GDP is high or increases does it indicate higher income If so when GDP per capita increases why do saving ratios decrease when savings is income induced ie a rise in income increases savings and a decrease in income decreases savings
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the data are real us gross domestic product in billions of dollars and domestic revenue passenger miles in millions
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