In 200 word answers please explain the following economic, Ask an Expert

Economics

In 200 word answers please explain the following economic questions

1. Explain how open market operations affect the money supply, interest rates, investment and GDP.

2. If output is above/below full employment, explain how and why an increase/decrease in wages and prices will bring the economy back to full employment.

3. “Fiscal and monetary policy are like matches: powerful tools, but not to be given to children or arsonists.” Explain.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92202456

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