( Quiz: Final exam Summer 2027 x _ Topic: ** Fiscal policy discussion x | G MV=PT what is - Google H.# x | G average marginal propensity - X | CTCLink session expired + X + -> C canvas.seattlecentral.edu/courses/2244151/quizzes/7245251/take/questions/146305226 everything on this course page, your textbook Attempt due: Aug 18 at 11:59pm Summer 2022 This Quiz Will Be Submitted In Thirty Minutes X 29 Minutes, 44 Seconds Home If you have any problem taking the exam, please contact me as soon as possible via Canvas message, and where relevant, include a screenshot of the issue. I am unlikely to be available right away, so proceed with the exam as best you can Announcements Account Modules Rely on application of the economic assumptions and models we have used throughout the course. This final exam focuses on applying the models and principles of the course to topics covered after the midterm. Files Dashboard Real price = Nominal price/(Price index/100) Panopto Recordings 9 GDP (Y) = C + 1 + G+ (X - M) Taylor rule: taylor rule.png Courses Discussions Multiplier effect = 1/MPS MV=PT Grades Calendar People D Question 4 4 pts SCC Library Inbox eTutoring A country's central bank decides to change its Taylor rule type policy to focus entirely on keeping its currency pegged to the value of the Student Support History $US Starfish This country goes into a recession due to a natural disaster destroying infrastructure. Consider the consequences using the economic models. Help 1. What should the central bank do to maintain the currency value relative to the $US 2. What effect would that have in terms of AS_AD? Make sure to include brief explanations for your predictions Previous Not saved Submit Quiz K 14:10 29C 32 095712# 2022/8/18