Fiscal policy


If the Fed''s policy is successful in keeping real GDP at its potential level in 2015, state whether each of following will be higher, lower, or the same as it would have been if the Fed had taken no action: (i) real GDP; (ii) potential real GDP; (iii) the inflation rate; (iv) the unemployment rate.

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Microeconomics: Fiscal policy
Reference No:- TGS0729528

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