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Author Question: If planned aggregate expenditure equals GDP, the economy is in macroeconomic equilibrium. ... (Read 108 times)

nelaaney

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on: Jun 29, 2018
If planned aggregate expenditure equals GDP, the economy is in macroeconomic equilibrium.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 26-15. In the figure above, suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B. Which of the following policies could the Federal Reserve use to move the economy to point C?
 
  A) sell Treasury bills B) decrease the required-reserve ratio
  C) buy Treasury bills D) decrease income taxes


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iman

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


nelaaney

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

ultraflyy23

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

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