T close an expansionary gap the fed interest rates which


To close an expansionary gap, the Fed ______ interest rates which ______ aggregate spending and ______ short-run equilibrium output.

A) raises; increases; increases

B) raises; decreases; increases

C) raises; decreases; decreases

D) reduces; increases; decreases

Request for Solution File

Ask an Expert for Answer!!
Business Economics: T close an expansionary gap the fed interest rates which
Reference No:- TGS02184067

Expected delivery within 24 Hours