In the most recent FOMC meeting, the Federal Reserve increased the Federal Funds rate. By doing this, this suggests the Federal Reserve: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a is willing to sacrifice jobs to keep prices stable b is willing to sacrifice higher prices to save jobs с believes the Federal Funds rate is not important d is trying to counter fiscal policy actions

In the most recent FOMC meeting, the Federal Reserve increased the Federal Funds rate. By doing this, this suggests the Federal Reserve: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a is willing to sacrifice jobs to keep prices stable b is willing to sacrifice higher prices to save jobs с believes the Federal Funds rate is not important d is trying to counter fiscal policy actions

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter24: Fiscal Policy

Section: Chapter Questions

Problem 4P

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In the most recent FOMC meeting, the Federal Reserve increased the Federal Funds rate. By doing this, this suggests the Federal Reserve: a is willing to sacrifice jobs to keep prices stable b is willing to sacrifice higher prices to save jobs c believes the Federal Funds rate is not important d is trying to counter fiscal policy actions
Suppose the Republic of Newbee fixes the value of its currency, the Nam, to the dollar. In the U.S., the inflation rate is higher than the target inflation rate set by the Fed. The Fed then decides to reduce the money supply in the U.S. How will Newbee be affected by this action by the Fed. Use the DD/AA model to explain and graph your answer. Based on your answers can the government of Newbee use fiscal policy to stabilize Newbee’s real GDP? Explain and graph using the DD/AA
f Congress and the president decide an expansionary fiscal policy is necessary, then they should target higher interest rates by decreasing the money supply. enact policies that increase government spending and decrease taxes. Oenact policies that decrease government spending and increase taxes. O target lower interest rates by increasing the money supply. 2001-20 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Explanation it correctly Q)Explain on a table the differences between the two macroeconomic multipliers (fiscal policy, monetary policy) studied in the second part of the course.
Read the following quote and explain in complete sentences whether it discusses fiscal policy, monetary policy or both. “Taking substantial action at this point, though, would send what could be a negative message to the market — that the balance sheet runoff, which former Chair Janet Yellen said would be ‘like watching paint dry,’ is running into snags and requires corrective action. However, the Fed would have no choice if there are indications that it can't control the market movements, particularly considering the record level of Treasury debt the government has issued this year.”
The table above shows Econland’s economy aggregate demand and aggregate supply schedules. Econland’s potential GDP is $400 billion. (6). What specific fiscal policy would you prescribe to close the gap? (7). What specific monetary policy would you prescribe to close the gap?
When the Federal Reserve's Open Market Committee raises the Fed Funds rate they are attempting to a) Increase growth in the economy b) Decrease growth in the economy because they are possibly worried about inflation c) They are interested in more people buying homes d) This is an example of fiscal policy
4.This is a two-part assignment using the links below plus additional resources. Using the below links interpret the monetary and fiscal policies as either expansionary or contractionary. Define which school of thought supports each of the polices. Make sure to cite at least three sources either in MLA or APA style and have a minimum of 250 words. Here are some sources to get started https://www.whitehouse.gov/issues/budget-spending/ (Links to an external site.) https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Only typed answer and don't use chat gpt The government can use _____________ in the form of ____________________ to increase the level of aggregate demand in the economy. A.) expansionary fiscal policy; an increase in corporate taxes B.) contractionary fiscal policy; a reduction in taxes C.) contractionary fiscal policy; an increase in taxes D.) expansionary fiscal policy; an increase in government spending
Explain what are the lags in macroeconomic policies. Do these lags have more effect on monetary policy or fiscal policy and why?
Which of the following would most likely occur if the federal government decreased its spending and reduced the size of the budget deficit during a period of full employment? a. The rate of inflation would decline. b. Interest rates would fall. c. The rate of inflation would rise. d. The government spending multiplier would double. give me correct and incorrect answer explanation and Dont use chatGPT otherwise i give multiple downvote
Our macroeconomic model suggests that after a decline in aggregate demand like that of 2007, the economy will self correct and return to a position where the GDP gap is zero. If this is correct, why should the government ever intervene with fiscal policy? a. It take many years for the GDP gap to close on its own. b. This is part of the government's "mission statement" as given in the Constitution. c. Fiscal policy is profitable for banks. d. People do not trust the theory behind the model.