Why would the fed intentionally use contractionary monetary policy to reduce real gdp?
a. the fed intends to reduce unemployment, which occurs if real gdp is greater than potential gdp
b. the fed intends to reduce real gdp so that real gdp will grow again but at a faster pace
c. the fed intends to reduce inflation, which occurs if real gdp is greater than potential gdp

How do communism and socialism differ in terms of the role that government plays in the economy ?

Amajor advantage of case studies is

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)