Examlex
Answer the questions below:
(A)What should the Fed do if inflation is at the target rate and the GDP gap is positive? Explain using an aggregate demand inflation diagram.
(B)What should the Fed do if inflation is below the target rate and the GDP gap is positive? Explain using an aggregate demand inflation model.
Social Facilitation
Definition: The tendency for people to perform better on tasks when they are in the presence of others, due to the arousal elicited by being watched.
Easy Puzzles
Simple or solvable problems that require minimal cognitive effort to resolve.
Run Faster
Refers to increasing one's speed while moving on foot, often aimed at improving physical fitness or competing in athletic events.
Social Facilitation
The enhancement of a person's performance when doing simple or well-practised tasks because of the presence of others.
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