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Question 8 1 pts Which of the following statements isCare) correct. C) If inflation rate is higher than the target rate of inflation then the

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Question 8 1 pts Which of the following statements isCare) correct. C) If inflation rate is higher than the target rate of inflation then the Fed is likely to raise the interest rates. (II) The final goal of the monetary policy is to increase the Nominal GDP by increasing the infiation, None I only oll only I and II Question 9 1 pts Using Approximate Fisher equation find the real rate of interest if the nominal rate of interest is 8%, the most recent inflation was 3% and the expected inflation is 6%. (do not put % sign in your answer)

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