According to the law of demand, quantity demanded decreases as ________, ceteris paribus.

Discuss the aggregate production function. How does the aggregate production function relate to the labor market and potential GDP?

What will be an ideal response?

Which of the following statements is correct?

A) Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine the equilibrium real interest rate in the long run. B) Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine potential output in the long run. C) Through autonomous monetary policy adjustments the Federal Reserve can target any inflation rate in the long run. D) all of the above E) none of the above