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Author Question: When Fed policy is addressing either a contractionary or inflationary gap, interest rates will be ... (Read 73 times)

torybrooks

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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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Answer to Question 1

False

Answer to Question 2

False





 

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