If a Change in Interest Rates Will Affect Real GDP

question 58

True/False

If a change in interest rates will affect real GDP, the Fed should focus on the change in the nominal interest rate.

---

Definitions:

Statistical Analyses

The collection, examination, interpretation, presentation, and organization of data to uncover patterns and trends.

Sample Proportion

The fraction of items in a sample that possess a particular attribute or characteristic.

Statistical Measure

A quantitative value derived from a sample or population, used to summarize or describe characteristics of data.

Sample Mean

The arithmetic average of a set of sample observations, used as an estimate of the population mean.