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Author Question: Table 15-6 Refer to Table 15-6.Suppose the table above illustrates the values of real and potential ... (Read 60 times)

fnuegbu

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Table 15-6









Refer to Table 15-6. Suppose the table above illustrates the values of real and potential GDP and the price level if the Fed does not vote to change their current policy to be more contractionary or expansionary. If the Fed wants to keep real GDP at its potential level in 2017, should the Fed use a contractionary or expansionary policy? Should it raise or lower its interest rate target? How should it conduct open market operations to achieve its goal?



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Marked as best answer by fnuegbu on Mar 16, 2019

cadimas

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