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(Monetary Policy and an Expansionary Gap) Suppose the Fed wishes to use monetary policy to close an expansionary gap.
a. Should the Fed increase or decrease the money supply?
b. If the Fed uses open-market operations, should it buy or sell government securities?
c. Determine whether each of the following increases, decreases, or remains unchanged in the short run: the market interest rate, the quantity of money demanded, investment spending, aggregate demand, potential output, the price level, and equilibrium real GDP.
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Illustrate what are the impacts of an easy monetary policy on the price-level and real output
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Discuss the criteria that might be applied in determining if a court should uphold a state's expropriation order or nationalization of private property. Cite to any international case that is relevant. Is there an" American counterpart" case in th..
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The FCC has hired you as a consultant to design an auction to sell wireless spectrum rights. The FCC indicates that its goal of using auctions to sell these spectrum rights is to generate revenue.
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