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Homework answers / question archive / 1)If the Federal Open Market Committee (FOMC) decided to try to use expansionary monetary policy to stimulate GDP growth, what would they do? (you can answer this question in a few words)
1)If the Federal Open Market Committee (FOMC) decided to try to use expansionary monetary policy to stimulate GDP growth, what would they do? (you can answer this question in a few words).
2)If the Federal Open Market Committee used one of its tools to increase the money supply in the U.S., explain how that is intended to stimulate the economy? (Which curve is intended to shift to the right - Aggregate Demand or Aggregate Supply? Why would it shift to the right?)
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