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Author Question: Table 16-3 Refer to Table 16-3.Consider the hypothetical information in the table above for ... (Read 66 times)

K@

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Question 1

Table 16-2









Refer to Table 16-2. Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2016 and in 2017 if Congress and the president do not use fiscal policy. If Congress and the president want to keep real GDP at its potential level in 2017, they should


◦ buy Treasury securities.
◦ conduct expansionary fiscal policy.
◦ decrease government purchases.
◦ decrease the discount rate.

Question 2

Table 16-3









Refer to Table 16-3. Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2016 and in 2017 if Congress and the president do not use fiscal policy. If Congress and the president use fiscal policy successfully to keep real GDP at its potential level in 2017, which of the following will be higher than if Congress and the president had taken no action?


◦ real GDP and the unemployment rate
◦ real GDP and the inflation rate
◦ real GDP and potential GDP
◦ potential GDP and the inflation rate


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Marked as best answer by K@ on Mar 16, 2019

Silverbeard98

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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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