Author Question: A recessionary gap is the amount by which aggregate expenditures ____ the amount required to achieve ... (Read 112 times)

Chelseaamend · **on:** Jun 30, 2018

A recessionary gap is the amount by which aggregate expenditures ____ the amount required to achieve full-employment equilibrium GDP.
a. exceed
b. equal
c. fall short of
d. are greater than

Question 2

Which of the following is in charge of the buying and selling of government securities by the Fed?
a. The president.
b. The Federal Open Market Committee.
c. The Congress.
d. None of these.