Examlex

Solved

Aggregate Demand and Supply Analysis

question 85

Multiple Choice

Aggregate Demand and Supply Analysis Aggregate Demand and Supply Analysis   -In the figure above,assume that output is $10.5 trillion,while potential output is $12 trillion.If autonomous monetary policy (alone) is used to bring output to $12 trillion,then the figure implies that the real interest rate will be ________ percent,and the inflation rate will be one percent. A) 1.5 B) zero C) one D) 0.5 E) 2.5
-In the figure above,assume that output is $10.5 trillion,while potential output is $12 trillion.If autonomous monetary policy (alone) is used to bring output to $12 trillion,then the figure implies that the real interest rate will be ________ percent,and the inflation rate will be one percent.


Definitions:

Discretion

The quality of behaving or speaking in such a way as to avoid causing offense or revealing confidential information.

Decentralization

the process of distributing or dispersing functions, powers, people or things away from a central location or authority.

Network of Relationships

A complex set of connections between individuals or entities that interact with each other in various ways.

Critical Competence

Essential skills or capabilities necessary for effectively performing a specific job or task.

Related Questions