Which of the following are tools the Federal Reserve can use to conduct monetary policy? Select all that apply.

Suppose policymakers respond to Figure 2 with expansionary monetary policy. What is the intended effect?

Which statement best describes the U.S. economy shown in the chart?

In Figure 1, if policymakers do nothing, what happens in the short run?

The situation in Figure 1 is most closely related to:

According to the productivity idea from class, which of the following could cause GDP per capita to rise over time?

Which of the following could help explain faster GDP per capita growth in Lithuania and Poland after transition? Select all that apply.

Korea grew at a rate of 3.4% per year. In 35 years, how many times (or by what total percentage) did South Korea’s per-person RGDP increase?

Suppose policymakers respond to Figure 1 with expansionary fiscal policy. What would this most likely do?

In Figure 2, if policymakers do nothing, what happens in the short run?