Table 26-2 -Refer to Table 26-2

question 28

Multiple Choice

Table 26-2
$$\begin{array} { | l | l | l | c | } \hline \text { Year } & \text { Potential Real GDP } & \text { Real GDP } & \text { Price Level } \\\hline 2016 & \$ 18.0 \text { trillion } & \$ 18.0 \text { trillion } & 150 \\\hline 2017 & 18.5 \text { trillion } & 18.2 \text { trillion } & 152 \\\hline\end{array}$$
-Refer to Table 26-2.Consider the hypothetical information in the table above for potential real GDP,real GDP,and the price level in 2016 and in 2017 if the Federal Reserve does not use monetary policy.If the Fed wants to keep real GDP at its potential level in 2017,it should

• A)buy Treasury securities.
• B)sell Treasury securities.
• C)increase the required reserve ratio.
• D)increase income taxes.

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Definitions:

Peak Action

The time at which a drug reaches its maximum concentration in the blood, resulting in the maximum intended effect.

Onset of Action

The time it takes for a drug to start producing its therapeutic effect after administration.

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A nursing diagnosis indicating that an individual lacks cognitive information related to a specific topic or health-related condition.

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A structured plan designed to treat a particular disease or condition, involving the administration of specific medications at set times and dosages.