Other things equal, in an open economy, monetary policy to offset ...

[maegan_martin]

Other things equal, in an open economy, monetary policy to offset an inflationary gap will tend to
 a. Lower the exchange value of the dollar and lower net exports.
  b. Lower the exchange value of the dollar and raise net exports.
  c. Raise the exchange value of the dollar and lower net exports.
  d. Raise the exchange value of the dollar and raise net exports.

Question 2

What is the growth in resources when total factor productivity grows by 3.5 percent and the economy grows by 2.7 percent?
 a. 0.8
  b. -2.7
  c. 3.5
  d. -0.8
  e. 0.6

[kjohnson]

Answer to Question 1

c

Answer to Question 2

d

[maegan_martin]

Thank you

[kjohnson]

Happy to help you