Author Question: When the Fed makes an open market ________, the target short-term nominal interest rate will ... (Read 115 times)

nautica902

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When the Fed makes an open market ________, the target short-term nominal interest rate will increase, which will ________ GDP.
 
  A) purchase; increase
  B) purchase; decrease
  C) sale; increase
  D) sale; decrease

Question 2

Growth in the Solow residual was fastest in the
 
  A) 1950s.
  B) 1960s.
  C) 1970s.
  D) 1980s.



Chou

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Answer to Question 1

D

Answer to Question 2

B



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