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question this chapter is concerned mostly with how monetary policy might be able to return an economy quickly to the
question in the past the federal reserve didnt pay interest on reserves kept in federal reserve banks for an ordinary
question weve just reviewed the quantity theory of money which is a theory that shows how the economy fixes itself in
question all of the following are called rules which of the following so-called rules are actually like rules and which
question in the context of this chapter identify what each of the following scenarios has in common and explain how
question a if long-run aggregate supply shocks do largely explain business fluctuation while the aggregate demand curve
question do workers choose to work more because wages are temporarily high and do workers choose to work less because
question a if aggregate demand shocks are the most important drivers of business fluctuations then should we expect
question do you know anyone who inter temporally substitutes their labor in other words what are some careers where
question 1 when an investment is irreversible are you likely to make that decision in a hurry or wait until more
question 1 when do you want to study for a test when your friends are studying for the same test or when they are not
question if the long-run aggregate supply curve increased because of a sudden fall in the price of oil what would
question 1 when would a restaurant owner prefer to open a new restaurant one year after an oil shock hits or two years
question a who would you be more likely to hire at your company someone who has stayed in the same career for years or
question people sometimes use the expression kicking the can down the road it refers to putting a big decision off
question can you think of some reasons why the following examples of time bunching and inter temporal substitution
question consider the following economic events which of them will have the effect of amplifying a negative real shock
question in 1971 intel invented the first computer microprocessor in early 1993 the national center for supercomputing
question 1 how is the previous question similar to this question should the government encourage people to move from
question 1 are real shocks negative shocks by definition2 when negative real shocks hit what typically happens to the
question a what does a negative real shock do to inflation does it rise fall or remain unchangedb what does a negative
question a the short-run aggregate supply sras curve is very predictable when inflation is greater than people expect
question a in the 1970s the united states had slow growth and high inflation which kind of shock best fits these facts
question a if the media report a lot of good news about the economy what is likely to happen to velocityb if the
question after a monetary shock hits aggregate demand which curve will shift to bring output growth back to the solow