This topic contains a solution. Click here to go to the answer

Author Question: Refer to Table 15-3. Consider the hypothetical information in the table above for potential real ... (Read 41 times)

abern

  • Hero Member
  • *****
  • Posts: 533
Refer to Table 15-3. Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2016 and in 2017 if the Federal Reserve does not use monetary policy.
 
  If the Fed wants to keep real GDP at its potential level in 2017, it should
  A) buy Treasury securities. B) decrease income taxes.
  C) sell Treasury securities. D) decrease the required reserve ratio.

Question 2

It is ________ difficult to effectively time fiscal policy than monetary policy because ________.
 
  A) more; fiscal policy can be quickly decided and changed
  B) more; fiscal policy takes longer to implement
  C) less; monetary policy takes longer to implement
  D) less; monetary policy takes longer to decide and change



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

B




abern

  • Member
  • Posts: 533
Reply 2 on: Jun 29, 2018
Excellent


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library