Based on the table "Real and Nominal GDP," if year one is the base year, then the real GDP in year two, is ________

In the short run, if the Fed wants to raise the federal funds rate, it

A) instructs large commercial banks to sell government securities in the open market. B) instructs the New York Fed to buy government securities in the open market. C) instructs the New York Fed to sell government securities in the foreign exchange market. D) instructs the New York Fed to sell government securities in the open market. E) tells large commercial banks to raise their interest rates.

An example of an employer tax credit is the EITC

Indicate whether the statement is true or false