(111) Payphone - Maroon 5, | 41 X Course Hero X Assignment 7(3).pdf X + X C a coursehero.com/u/file/93589952/Assignment-73pdf/ Assignment 7(3).pdf Helpful Unhelpful Stuck on something? Search this document a Ky 1 / 2 Fit to width v Get answers and explanations from our Expert Tutors, in as fast as 20 minutes. E Is this document missing answers? Get Answers Crop or click to get answers and explanations from our expert tutors Ask a tutor Study smarter New Name: ECON 101 Winter 2021 with Doc Assist Assignment 7: Monetary Policy Enrich your doc with relevant resources from our library. The work in this assignment requires answers from previous levels. This assignment will not be graded on whether or not the previous levels were correct. Therefore, if you do not do the Upload your doc previous levels, then simply choose an answer for the following and go from there. In Level 10, Spamalot had a(an) expansionary GDP gap. In Level 11, Spamalot had a target reserve ratio of 0.25 Students also studied 1. (10 points) Based on the GDP gap identified above, what could be used to close the gap (Circle One): A Error Expansionary Monetary Policy or Contractionary Monetary Policy Something went wrong Explain how monetary policy can be used to close the gap identified in #2. Draw the gap on Resend question -> the AD / AS graph. Show on the graphs how the gap is closed and explain the process in Monetary Policy.pdf words. (9 points) A Error ECON 101 Red Deer College Monetary_Policy.p..pdf Show all X 2. C Q Search O W ENG 12:01 AM Mostly cloudy US 2023-03-31(111) Payphone - Maroon 5, | 41 X Course Hero X Assignment 7(3).pdf X + X C a coursehero.com/u/file/93589952/Assignment-73pdf/ GASO Assignment 7(3).pdf Helpful Unhelpful Search this document a Ky 1 / 2 Fit to width v E Is this document missing answers? Resend question -> Get Answers Monetary Policy.pdf Crop or click to get answers and explanations from our expert tutors ECON 101 A Error Red Deer College Something went MS 2 MS wrong Resend question - 12 Interest Rates Product market.pdf MD ECON 101 Red Deer College Q of Money problem 10(5) Solutions Available Monetary_Policy.p..pdf Show all X 2 . C W Co FO ENG 12:01 AM Mostly cloudy Q Search US 2023-03-31(111) Payphone - Maroon 5, | 41 X Course Hero X Assignment 7(3).pdf X + X C a coursehero.com/u/file/93589952/Assignment-73pdf/ GASO Assignment 7(3).pdf Helpful Unhelpful VX . Search this document a Ky 2 /2 Fit to width v problem 10(5) Solutions Available E Is this document missing answers? Get Answers ECON 162 Crop or click to get answers and explanations from our expert tutors Binghamton University HOMEWORK problem 10(3) (1) THE LAST PROBLEM SET Nprice Lev A tutor is reviewing Solutions Available your question. ECON 162 AD Binghamton University AD2 View question HOMEWORK Real GDP Real GDP decrease 2. (10 points ) Suppose that Spamalot changes the current target reserve ratio to 15%. 1. Has the target reserve ratio increased or decreased? (1) Decreased by 10% 2. What will this do to the money supply? Why? (3) Monetary_Policy.p..pdf Show all X 2 C Mostly cloudy Q Search W ~ Co FO ENG 12:01 AM US 2023-03-31(111) Payphone - Maroon 5, | 41 X Course Hero X Assignment 7(3).pdf X + X C a coursehero.com/u/file/93589952/Assignment-73pdf/ Assignment 7(3).pdf Helpful Unhelpful Rate this document to earn an unlock 5 more documents to go Search this document a 2 /2 Fit to width v Dismiss E Is this document missing answers? Get Answers Crop or click to get answers and explanations from our expert tutors 2. What will this do to the money supply? Why? (3) macroeconomics problem 10(3) Solutions Available ECON 162 3. According to Keynesian monetary policy, when would this be appropriate? What goal of Binghamton University Keynesian monetary policy would it help achieve? (2) NOTES 4. According to Canadian monetary policy, when would this be appropriate? What goal of Canadian monetary policy would this help achieve? (2) 5. According to Monetarist monetary policy, when would this be appropriate? What goal of Macro CH 15 Test Monetarist monetary policy would this help achieve? (2) ns Available ECO 2013 St. Johns River State College TEST_PREP 2 Show 6 more > Monetary_Policy.p..pdf Show all X 2 C Q Search W ENG 12:01 AM Mostly cloudy US 2023-03-31(111) Rema - Calm Down | Trc 41 X Dashboard X Monetary_Policy.pdf nitish.pdf x Assignment_7_3_.pdf.pdf X + X C @ File | C:/Users/pinap/Downloads/Monetary_Policy.pdf%20nitish.pdf Q 1 E Monetary_Policy.pdf nitish.pdf 1 / 2 70% + ECON 101 Winter 2021 Graphing Monetary Policy 1. Increase in Money Supply MS1 MS2 Interest Rates (0 Surplus Quantity of Money Steps : 1.) Money supply increase - Print more. Lower bank rate, overnight rate, and target 2 rate. Lower target reserve ratio. Quantitative easing. 2. Qs > QD = Surplus of money 3. Buy bond = Demand increase = Price of bond increase 2. Increase in Money Demanded Shortage MD2 MD1 Quantity of Money Steps: 1.) Money Demand increase when Price increase and Real GDP(income) increase [2.) QD > Qs = Shortage 3.) Sell bonds = Supply increase - Price for bonds to decrease = interest rate earn increase 4.) Money demand increase = interest rates increase Assignment_7_3_.p..pdf Assignment 7_3_.p.pdf Monetary_Policy.p..pdf Show all X 2. C Mostly cloudy Q Search O W ~ Co Fd ENG 12:22 AM US 2023-03-31(111) Rema - Calm Down | Tre 41 X Dashboard X Monetary_Policy.pdf nitish.pdf x Assignment_7_3_.pdf.pdf X + X C @ File | C:/Users/pinap/Downloads/Monetary_Policy.pdf%20nitish.pdf Q 1 Monetary_Policy.pdf nitish.pdf 2 / 2 70% + 3. Expansionary Monetary Policy V AS 1.) Money supply increase 2.) Interest rates decrease 3.) Investment spending increase Steps: 4..) Aggregate Demand increase 2 5.) Prince increase 6.) Real GDP increase 4. Contractionary Monetary Policy MS MD AS Price Index AD 1.) Money supply decrease Steps: 2.) Interest rates decrease ment spending decrease Begregate Demand decrease 6.) Real GDP decrease 2 Assignment_7_3_.p..pdf Assignment 7_3_.p.pdf Monetary_Policy.p..pdf Show all X 2. C Mostly cloudy Q Search W ENG 12:22 AM US 2023-03-31