Author Question: When Fed policy is being used to offset a contractionary gap, which of the following variables ... (Read 57 times)

jrubin · **on:** Jun 30, 2018

When Fed policy is being used to offset a contractionary gap, which of the following variables decreases as a result?
a. Aggregate demand.
b. Investment.
c. Net Exports.
d. None of the above variables decreases as a result of Fed policy to offset a contractionary gap..

Question 2

Labor productivity is affected by each of the following, except:
a. technological innovation.
b. change in capital stock.
c. change in average age of the workers.
d. change in educational levels.
e. cultural background and ethnicity.