1.The file shows all your favorite macroeconomic markets in one place: The labor market, loanable funds market, money market, and the goods market. All four markets are currently in equilibrium. At the present, market participants are expecting an inflation rate of _______percent for the future.
2. The file shows all your favorite macroeconomic markets in one place: The labor market, loanable funds market, money market, and the goods market. All four markets are currently in equilibrium. At the present, the nominal wage rate is ____ dollars.
3. The file Graphs shows all your favorite macroeconomic markets in one place: The labor market, loanable funds market, money market, and the goods market. All four markets are currently in equilibrium.
The Fed increases the supply of money by 100% (it doubles it). In the short run, the nominal interest rate will equal _______percent and the real interest rate ______ percent.
4. The file Graphs shows all your favorite macroeconomic markets in one place: The labor market, loanable funds market, money market, and the goods market. All four markets are currently in equilibrium.
The Fed increases the supply of money by 100% (it doubles it). In the short run, as a result of this expansionary monetary policy, the supply of loanable funds will increase by _____ percent.