32. An economy is currently producing above Potential Output. An Increase in the Money Supply will: A. Increase Spending, Output, and Inflation more B. Move the Economy back to Potential GDP C. Do nothing D. Decrease Inflation, Lower Interest Rates, Increase Spending

8) The Federal Reserve president bumps his head and sets his mind on achieving 2% unemployment using monetary policy. Your country is currently in long-run macro equilibrium with an unemployment rate of 4%. a. To lower unemployment, should the central bank use expansionary or contractionary policy? Expansionary Contractionary b. Illustrate what would happen in the short with a graph. Show the current equilibrium and post policy.

Keynesian economists believe that __________________.Group of answer choices A. the velocity of money is stable B. changes in the money supply do not affect output C. the velocity of money is affected by changes in expectations

The Federal Funds Rate is: ​A. A short-term nominal interest rate ​B. A short-term real interest rate ​C. A long-term nominal interest rate ​D. A long-term real interest rate