7. The Federal Reserve sets _______________ policy, while the president and Congress set _______________ policy. These...
7. The Federal Reserve sets _______________ policy, while the president and Congress set _______________ policy. These two policies influence aggregate ____________.
8. Policymakers use ___________________policy and _______________policy to stabilize ________________and __________________ in the short run.
9. Changes in aggregate demand can cause fluctuations in ___________________ and _____________________ in the short run, and only ______________ in the long run.
10. How does a union in the auto industry affect wages and employment at General Motors and Ford? How does it affect wages and employment in other industries? -________________________________________________________________________________________________________________________________________.
Homework Answers
Ans
1 monetary policy as it has mandate for monetary policy only
2 fiscal policy as Govt deals with it
3 They influence Aggregate demand
4 fiscal
5 monetary
6 price level
7 output was required to answer only 1 question according to the HOMEWORKLIB POLICY but still answered 2
Add Answer to:
7. The Federal Reserve sets _______________ policy, while the
president and Congress set _______________ policy. These...
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Should policymakers use monetary policy, fiscal policy, or both in an effort to stabilize the economy?
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3. How does a union in the auto industry affect wages and employment at General Motors...
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8 (12-13 pts) Assume the economy is at its full-employment level of output (at the LRAS). engages in contractionary monetary policy, what will be the effect If the Federal Reserve on the interest rate, planned investment, and output? Show the change using the money market, planned investment graph and the aggregate expenditure model Show the short-run change using AD-AS. (There is no need to show additional changes to the money market or aggregate expenditure model.) Indicate all changes in relevant...
7. Effects of an active or passive policy
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6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and interest rates to affect the economy, this is called and it's a policy. a fiscal policy, Keynesian b. growth policy: Classical c. monetary policy: Classical d. monetary policy, Keynesian 7. An example of a long run Classical policy to increase potential GDP is a. the Federal Reserve implementing monetary policy to get the economy out of recession b. the government subsidizing...
18 Congress has the legal right to force the Federal Reserve Bank to accept and carry...
18 Congress has the legal right to force the Federal Reserve Bank to accept and carry out their suggested recommendations regarding Monetary Policy. 8 03:57:44 True or False True False 19 The Federal Reserve Bank is the chief regulatory agency among all of the financial regulatory agencies like the SEC, FDIC, etc... The Federal Reserve Bank has the most regulatory power. 03:57:40 Multiple Choice This is foise - the US Treasury Department has the most regulatory power in the U.S....
answer please 25. A bank borrows money from another bank on an overnight basis to meet...
answer please
25. A bank borrows money from another bank on an overnight basis to meet reserve requirements in the: a. stock market. b. bond market. c. Federal funds market. d. U.S.Treasury bill market. 26. Fiscal policy in the United States is the responsibility of the: a. US Treasury b. Federal Reserve c. Internal Revenue Service d. US Congress and Administration 27. Monetary policy in the United States is the responsibility of the: b. Federal Reserve a. US Treasury c....
Study Guide for Exam Four. Cumulative Material You Want To Know. Module 27. Aggregate Demand. 1....
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Use of discretionary policy to stabilize the economy Should policymakers use monetary policy, fiscal policy, or both in an effort to stabilize the economy? The following questions address the issue of how monetary and fiscal policies affect the economy and the pros and cons of using these tools to lessen economic fluctuations. The following graph shows a hypothetical aggregate demand curve (AD), short-run aggregate supply curve (AS), and long-run aggregate supply curve (LRAS) For the economy in May 2020. According to the...
3. How does a union in the auto industry affect wages and employment at General Motors and Ford? How does it affect wages and employment in other industries? /2 Glve four explanations for why firms might find it profitable to pay wages above the level that balances quantity of labour supplied and quantity of labour demanded. /4
8 (12-13 pts) Assume the economy is at its full-employment level of output (at the LRAS). engages in contractionary monetary policy, what will be the effect If the Federal Reserve on the interest rate, planned investment, and output? Show the change using the money market, planned investment graph and the aggregate expenditure model Show the short-run change using AD-AS. (There is no need to show additional changes to the money market or aggregate expenditure model.) Indicate all changes in relevant...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and interest rates to affect the economy, this is called and it's a policy. a fiscal policy, Keynesian b. growth policy: Classical c. monetary policy: Classical d. monetary policy, Keynesian 7. An example of a long run Classical policy to increase potential GDP is a. the Federal Reserve implementing monetary policy to get the economy out of recession b. the government subsidizing...
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answer please
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