Principles of Macroeconomics by Libby Rittenberg & Timothy Tregarthen

Principles of Macroeconomics by Libby Rittenberg & Timothy Tregarthen

Author:Libby Rittenberg & Timothy Tregarthen
Language: eng
Format: epub
Tags: Social Science
Publisher: Web Books Publishing
Published: 2010-03-10T16:00:00+00:00


Answers to Try It! Problems

Inflationary gap

Contractionary

Open-market sales of bonds

The price of bonds would fall. The interest rate and the exchange rate would rise.

Investment and net exports would fall.

The aggregate demand curve would shift to the left.

11.2. Problems and Controversies of Monetary Policy

Learning Objectives

Explain the three kinds of lags that can influence the effectiveness of monetary policy.

Identify the macroeconomic targets at which the Fed can aim in managing the economy, and discuss the difficulties inherent in using each of them as a target.



Download



Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.