Potential GOP $14trilon 15.3 tiion Real GOP Year 2012 2013 110 114 154 ilion Wha

Question

Potential GOP $14trilon 15.3 tiion Real GOP Year 2012 2013 110 114 154 ilion What can we expact l ederal Reserve Bank seoks to move the economy in the directon of eng-rin macoeconomic A. The Fed wil pursue an expansonary fiscal poicy B. The Fed wit pursue a contactonary tscal policy C. The Fed wil pursue an expansorary O D. The Fed wil pursue a contractionary monelary poley the Fuds policy is successful·what is ibe enect on the foaowna mdeators monetary polcy Actual real GDP Potential real GDP Price leve Unemployment

Explanation / Answer

Question 1). Answer :- Option D). The Fed will pursue a contractionary monetary policy.

Question 2). Answer :-

Actual real GDP falls. Potential real GDP remains same (not change) Price level falls. Unemployment rises.

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