幾道宏觀經(jīng)濟(jì)學(xué)問題 要求英文解答
1.If the money supply increases by 7 percent and the price level increases by 4 percent,then what is the change in nominal GDP and real GDP?
2.Suppose that you are the head of the central bank of your country and one of your main responsibilities is to maintain the price level at a constant value.
Using quantity equation,explain what you would do to the money supply in response to each of the following events:
a) Real GDP increases by 3 percent during an economic boom.
b) According to the country economic report prepared by the World Bank,real GDP will continue to grow at a rate of 4 percent per year.