question archive If the current situation of a country is: Real GDP=$11
If the current situation of a country is: Real GDP=$11
Subject:EconomicsPrice:2.88 Bought3
If the current situation of a country is:
Real GDP=$11.1 trillion
Inflation rate=3.1%
and it needs to be:
Real potential GDP=$10.6 trillion
Target (or desired) inflation rate=2.5%,
what should be done in terms of its open market operations to bring economy toward full employment?
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