Country Level Economics: Policies, Institutions, and Macroeconomic Performance | Online Course Support

The Fed increased the supply of US dollars at an average rate of 6 percent per year over the 1980-2005 period. Based on the theory of production capacity, if the Fed had instead increased the money supply at the rate of 7 percent per year during that period, given other policies: (Select all that apply.)

 
 
 
 

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