Question

Question 4

In 2021, the United States is still recovering from the recession. The following measures are implemented: The Fed sells securities. Illustrate the effects of this change on the economy and indicate the change in real GDP, the price level, and unemployment rate.

The nominal interest rate                            [ Select ]                       ["same / indeterminate", "decreases", "increases"]         .

The AD function                            [ Select ]                       ["does not shift", "decreases", "increases"]         and the AS function                            [ Select ]                       ["decreases", "increases", "does not shift"]         .

Impact on:

real GDP                            [ Select ]                       ["increases", "same / indeterminate", "decreases"]      

Price level                            [ Select ]                       ["decreases", "same / indeterminate", "increases"]      

unemployment                            [ Select ]                       ["increases", "same / indeterminate", "decreases"]      

Question 5

sketch of your graph for the previous question: The Fed sells securities. Illustrate the effects of this change on the economy and indicate the change in real GDP, the price level, and unemployment rate.

PLEASE HELP me these 2 questions thanks.

Answer 1