This topic contains a solution. Click here to go to the answer

Author Question: If planned aggregate expenditure equals GDP, the economy is in macroeconomic equilibrium. ... (Read 134 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
If planned aggregate expenditure equals GDP, the economy is in macroeconomic equilibrium.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 26-15. In the figure above, suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B. Which of the following policies could the Federal Reserve use to move the economy to point C?
 
  A) sell Treasury bills B) decrease the required-reserve ratio
  C) buy Treasury bills D) decrease income taxes



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

TRUE

Answer to Question 2

A




nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library