In making accurate comparisons of GDP across countries, it is important to take differences in ________ into account

If the Fed orders a contractionary monetary policy, describe what will happen to the following variables relative to what would have happened without the policy:

a. The money supply b. Interest rates c. Investment d. Consumption e. Net Exports f. The aggregate demand curve g. Real GDP h. The price level

An increase in the price of imported coffee shows up

a. in the consumer price index and in the GDP deflator. b. in the consumer price index, but not in the GDP deflator. c. in the GDP deflator, but not in the consumer price index. d. in neither the consumer price index nor in the GDP deflator.