Author Question: When the Fed is pursuing contractionary monetary policy it will tend to depreciate the value of the ... (Read 91 times)

madam-professor · **on:** Jun 30, 2018

When the Fed is pursuing contractionary monetary policy it will tend to depreciate the value of the dollar and hence increase net exports, other things equal.
a. True
b. False
Indicate whether the statement is true or false

Question 2

New classical economists contend that both the short-run and long-run aggregate supply curves are vertical.
a. True
b. False
Indicate whether the statement is true or false