Business, 23.11.2019 02:31 jaymoney0531
Suppose the economy is in short-run equilibrium above potential gdp, the unemployment rate is very low, and wages and prices are rising. using the static ad-as model, the correct fed policy to move the economy from the short- run equilibrium back to long-run equilibrium would be
an open market purchase of treasury securities (bonds).
a decrease in reserve requirements.
an open market sale of treasury securities (bonds).
a increase in taxes.
Answers: 2
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Suppose the economy is in short-run equilibrium above potential gdp, the unemployment rate is very l...
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