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Baconia central back hires you as an econ consult and provides these stats: Real GDP $11.1 trillion and inflation rate 3.1% Real potential GDP $10.6
Baconia central back hires you as an econ consult and provides these stats:
Real GDP $11.1 trillion and inflation rate 3.1%
Real potential GDP $10.6 trillion and 2.5% inflation rate
a. What do you recommend the central back do in terms of its open market to bring toward full employment? b. What do you recommend the central back do to its discount rate to bring toward full employment?
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