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Author Question: When Fed policy is addressing either a contractionary or inflationary gap, interest rates will be ... (Read 71 times)

torybrooks

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on: Jun 30, 2018
When Fed policy is addressing either a contractionary or inflationary gap, interest rates will be changed in the same direction as the intended change in real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

New classical economists believe that wages are inflexible.
 a. True
  b. False
  Indicate whether the statement is true or false


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flannelavenger

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


torybrooks

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Reply #2 on: Jun 30, 2018
Thank you


flannelavenger

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Reply #3 on: Jun 30, 2018
No problemo


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