if the unemployment rate is too high, what does federal reservers do with open market operations..
and what would be the effect on
a. the interest rate
b. output and unemployment
c. price level.
and what is one limitation on the effectiveness of the monetary policy
This is for my homework and i have no idea how to solve this.
please help
and what would be the effect on
a. the interest rate
b. output and unemployment
c. price level.
and what is one limitation on the effectiveness of the monetary policy
This is for my homework and i have no idea how to solve this.
please help