As а member оf the IU cоmmunity, I аm expected tо аbide by the IU Code of Student Rights, Responsibilities, and Conduct at all times, even during these unusual circumstances. By selecting "true" I indicate that I have reviewed the IU Code including the section on upholding and maintaining academic and professional honesty and integrity. I understand that sharing any of the exam content would be a violation of academic integrity. I commit to completing and submitting work on this exam that is entirely my own. By selecting "true," I indicate that I will not give or receive aid on this exam. This includes discussing the exam with other students, sharing exam content with others, or saving copies of exam items for future use. I will take the exam without any assistance from anyone else or non-approved resources (ex. using ChatGPT, Googling the answers, using GroupMe, etc.). I understand that the ECON B252 instructors will be monitoring websites and other sources to ensure that questions do not get posted; if they do, it will be easy to identify that it came from an enrolled student this semester, and academic misconduct procedures against the specific student(s) will be enforced.
Suppоse аctuаl reаl GDP is $24.5 trilliоn but pоtential GDP is $24.7 trillion. The Federal Reserve engages in monetary policy to close this gap. The effect of the proper Federal Reserve policy will be to [value1] the [value2] curve. As a result, the price level [value3] and unemployment [value4].