Business, 09.04.2021 02:30, dontcareanyonemo

Suppose that Federal Reserve policy leads to higher interest rates in the U. S. If the U. S. is a closed economy in the short run, real GDP will increase stay the same decrease .
If the U. S. is an open economy real GDP will increase stay the same decrease by more than in a closed economy the same amount as in a closed economy less than in a closed economy .

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Suppose that Federal Reserve policy leads to higher interest rates in the U. S. If the U. S. is a c...