The Federal Reserve tries to influence the economy by changi…

The Federal Reserve tries to influence the economy by changing the interest rate. Suppose the Fed wants to increase real GDP. Tell whether the Fed will raise or lower the interest rate. Ignoring any international effects, explain the effect the change in the interest rate has on real GDP and the price level. (Your explanation should definitely include a description of how the Fed policy changes the aggregate demand curve and/or the (short-run) aggregate supply curve and should relate the change(s) to the effect on real GDP and the price level.) 

QUESTION 1.2 CHOOSE THE CORRECT ANSWER: Complete the fol…

QUESTION 1.2 CHOOSE THE CORRECT ANSWER: Complete the following statements using the words in the list below. Choose only the correct word and type it in the space provided in your ANSWER BLOCK. Market, dispute, public relations, time related, market development, induction, backward integration, grievance, quality management, piecework, micro ,National Skills 1.2.1 The… development strategy directs the responsibilities of role players in education and training in South Africa (2)