Q.1; The Fed’s “dual mandate” includes ______, and the policy instruments available to the Fed as...

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Economics

Q.1; The Fed’s “dual mandate” includes ______, and the policyinstruments available to the Fed as it tries to achieve its dualmandates _______ .

a. zero inflation and moderate long-term interest rates; thegovernment budget deficit or surplus

b. maximum economic growth and zero inflation; the federal fundsrate

c. maximum aggregate demand and aggregate supply; governmentexpenditure on goods

d. maximum employment and stable prices; the federal fundsrate.

Q.2; One of the major reasons why the United States exports jetairplanes is:

a. the U.S. can sell jet airplanes at a higher price than othernations.

b. the U.S. owns more physical endowments, such as mineralresources, than other countries.

c. foreign nations have a higher opportunity cost of productionof jet airplanes.

d. the U.S. is able to outproduce other countries in jetairplanes.

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Q1 Option b maximum economic growth and zero inflation the federal funds rate The Feds dual mandate policy is maximizing employment and stabilising prices Maximum employment would only occur when there is maximum    See Answer
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