Suppose the Federal Reserve decreases interest rates from 4% to 3%, which shifts aggregate demand and increases short-run output to 1.0%. If there are no other shocks to the economy, and the resulting change in inflation is 6.0 percentage points, what is the value of the parameter

In the long run, the economy with a labor force growth rate of 2 percent will have an unemployment rate of ______ percent. Round your answer to the nearest tenth of a percent.

A central bank with a credible commitment to keeping inflation near its target rate

Consider the IS curve

You are a staff economist with the Federal Reserve. The chairman says to you, “We are seeing signs of inflation above our target rate, and I don’t think the Phillips curve is very steep. What should we do to bring the rate back to our target rate?” How do you respond? Answer:  “Because the Phillips curve is relatively flat, we need to interest rates in order to the investment-to-potential output ratio and hence short-run output. A flat Phillips curve requires a in short-run output in order to lower the inflation rate.”

In 2022, the U.S. is running a trade deficit of $500 billion. The expected surplus in 2024 is $100 billion. Assuming the interest rate is a constant

What arguments exist for the following assertion?: Europeans did NOT commit genocide against the Native Americans.

Which prompt is the most appropriate for a measurement activity?

Interactions within ecosystems is one of the four core ideas of:

What were the benefits and drawbacks of living in Athens?