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Author Question: Table 15-5 Refer to Table 15-5.Suppose the table above illustrates the values of real and potential ... (Read 92 times)

Frost2351

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on: Mar 16, 2019

Question 1

Table 15-4









Refer to Table 15-4. Suppose the following table illustrates the values of real and potential GDP and the price level if the Fed does not vote to change their current policy to be more contractionary or expansionary. If the Fed wants to keep real GDP at its potential level in 2017, should the Fed use a contractionary or expansionary policy? How should it conduct open market operations to achieve its goal?



Question 2

Table 15-5









Refer to Table 15-5. Suppose the table above illustrates the values of real and potential GDP and the price level if the Fed does not vote to change their current policy to be more contractionary or expansionary. Suppose that the Fed uses an appropriate policy and is successful in keeping real GDP at potential in 2017. State whether each of the following will be higher or lower than if the Fed had taken no action:

a. Real GDP

b. Potential real GDP

c. The price level

d. The unemployment rate

Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by Frost2351 on Mar 16, 2019

Bigfoot1984

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Frost2351

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Reply 2 on: Mar 16, 2019
:D TYSM

6ana001

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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