jeopardy supply and demand 303 the fed chapter 5 supply/demand 101 cpi and inflation supply/demand...
DESCRIPTION
$100 Question from Supply and demand 303 Provide an example of Substitute Goods Other that the example I have used in classTRANSCRIPT
![Page 1: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/1.jpg)
Jeopardy
Supply and demand303
The FED
Chapter 5Supply/Demand
101
CPI and Inflation
Supply/Demand202
Q $100
Q $200
Q $300
Q $400
Q $500
Q $100 Q $100Q $100 Q $100
Q $200 Q $200 Q $200 Q $200
Q $300 Q $300 Q $300 Q $300
Q $400 Q $400 Q $400 Q $400
Q $500 Q $500 Q $500 Q $500
Final Jeopardy
![Page 2: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/2.jpg)
$100 Question from Supply and demand 303
Provide an example of Substitute GoodsOther that the example I have used in class
![Page 3: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/3.jpg)
$100 Answer from CH3
Nike ShoesAdidas Shoes How does the price of One effect the demandOf the other?
![Page 4: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/4.jpg)
$200 Question from Ch 3
Provide and Example of Complementary Goods
![Page 5: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/5.jpg)
$200 Answer from CH 3
Two goods that go togetherPB and J
How does the price of One effect the demandOf the other?
![Page 6: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/6.jpg)
$300 Question from CH 3
Explain why a shortage is bad for business
![Page 7: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/7.jpg)
$300 Answer from CH 3
Customers will go Somewhere elseLost sales
![Page 8: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/8.jpg)
$400 Question from Ch 3 Assume that the economy of the country of Alpha is experiencing increasing unemployment. Steak is considered a normal good in Alpha. Explain what the impact of the increasing unemployment on the market for steak in Alpha.
![Page 9: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/9.jpg)
$400 Answer from Ch 3
Demand for stake would go down
![Page 10: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/10.jpg)
$500 Question from CH3
Coffee and cream are complementary goods. An unexpected period of bad weather adversely affects the coffee bean crop. Use a supply and demand graph to illustrate the affect of this bad weather on the price and quantity of cream.
![Page 11: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/11.jpg)
$500 Answer from Ch 3
Demand for cream would Shift down
![Page 12: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/12.jpg)
$100 Question from The FED
Provide one of the three goals of theFED discussed in class?
![Page 13: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/13.jpg)
$100 Answer from Motivation The FED
1. Price Stability 2. Full Employment 3. Economic Growth
![Page 14: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/14.jpg)
$200 Question from The FED
This is what we call the interest rate the FED Charges banks to borrow money
![Page 15: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/15.jpg)
$200 Answer from The FED
Discount Rate
![Page 16: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/16.jpg)
$300 Question from The FED
What would the fed do to the reserve requirement under a tight monetary policy.
![Page 17: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/17.jpg)
$300 Answer from The FED
Under a tight monetary policy the FED would raise the reserve requirement
![Page 18: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/18.jpg)
$400 Question from The FED
If the fed was buying bonds would this Be a easy or tight policy?
![Page 19: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/19.jpg)
$400 Answer from The FEDIf The fed was buying bondsThey would be under a easy policy Because they would be adding to the Money supply
![Page 20: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/20.jpg)
$500 Question from The FED
Given a 20% inflation rate what type of Monetary policy would they enact?And what might the do with one of their tools
![Page 21: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/21.jpg)
$500 Answer from The FED
Tight Discount Rate = UpReserve requirement= UpSell Bonds
![Page 22: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/22.jpg)
$100 Question from Supply and Demand/ Ch 5
What causes a move along the supply or demand curve?
![Page 23: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/23.jpg)
$100 Answer from Supply and Demand/ Ch 5
A change in price
![Page 24: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/24.jpg)
$200 Question from Supply and Demand/ Ch 5
When looking at demand sideWhat is the relationship betweenPrice and quantity
![Page 25: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/25.jpg)
$200 Answer from Supply and Demand/ Ch 5
The lower the price the higher the demand
![Page 26: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/26.jpg)
$300 Question from Supply and Demand/ Ch 5
When looking at Supply Side what is the relationship between price and quantity supplied
![Page 27: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/27.jpg)
$300 Answer from Supply and Demand/ Ch 5The higher the price the more sellers are willing to supply due to profit opportunity
![Page 28: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/28.jpg)
$400 Question from Supply and Demand
Provide an example that would lead to An increase in demand of Oranges.
![Page 29: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/29.jpg)
$400 Answer from Supply and Demand/ Ch 5
Medical Study is released that proves oranges have amazing healing powers.
![Page 30: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/30.jpg)
$500 Question from Supply and Demand/ Ch 5
What would cause a decrease in quantity supplied of oranges
![Page 31: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/31.jpg)
$500 Answer from Supply and Demand/ Ch 5
A Change In Price
![Page 32: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/32.jpg)
$100 Question from CPI and Inflation Rate
What does CPI stand for?
![Page 33: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/33.jpg)
$100 Answer from CPI and Inflation Rate
Consumer Price Index
![Page 34: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/34.jpg)
$200 Question from CPI and Inflation Rate
Define Consumer Price Index
![Page 35: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/35.jpg)
$200 Answer from CPI and Inflation Rate
A basket of goods and services Used to track changes in prices
![Page 36: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/36.jpg)
$300 Question from CPI and Inflation Rate
What is the ideal inflation rateAccording to the FED
![Page 37: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/37.jpg)
$300 Answer from CPI and Inflation Rate
2%
![Page 38: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/38.jpg)
$400 Question from CPI and Inflation Rate
In the equation below what doesThe F and I stand for?
![Page 39: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/39.jpg)
$400 Answer from CPI and Inflation Rate
F = Final CPI NumberI = initial CPI Number
![Page 40: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/40.jpg)
$500 Question from CPI and Inflation Rate
What could cause hyper inflation?
![Page 41: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/41.jpg)
$500 Answer CPI and Inflation Rate
1. The Government starts printing money2. The Circle of minimum wages going up And prices are increase to pay wages, then Workers ask for another raise due to the Rise in prices and so on…..
![Page 42: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/42.jpg)
$100 Question from Supply/Demand202
Define Equilibrium price
![Page 43: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/43.jpg)
$100 Answer Supply/Demand202
Where supply = Demand
![Page 44: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/44.jpg)
$200 Question Supply/Demand202
If supply is grater than demandYou have this??
![Page 45: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/45.jpg)
$200 Answer Supply/Demand202
Surplus
![Page 46: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/46.jpg)
$300 Question from Supply/Demand202
If demand is grater that supplyYou have this?
![Page 47: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/47.jpg)
$300 Answer Supply/Demand202
Shortage
![Page 48: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/48.jpg)
$400 Question from Supply/Demand202
What does is mean if a product Has inelastic demand
![Page 49: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/49.jpg)
$400 Answer from Supply/Demand202
A change in price does not effectThe demand as much
![Page 50: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/50.jpg)
$500 Question from Supply/Demand202
Provide an example of a productWith elastic demand and justify your Answer.
![Page 51: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/51.jpg)
$500 Answer from Supply/Demand202
Luxury goods, Wants, Entertainment
![Page 52: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/52.jpg)
Final JeopardyCalculate the inflation rate for GAS
2002= Price $2.522003 = Price $4.52Based on the inflation rate what Might the fed do using one of their tools
![Page 53: Jeopardy Supply and demand 303 The FED Chapter 5 Supply/Demand 101 CPI and Inflation Supply/Demand 202 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200](https://reader036.vdocuments.net/reader036/viewer/2022062412/5a4d1aef7f8b9ab05997d012/html5/thumbnails/53.jpg)
Final Jeopardy Answer
44%Raise Discount RateRaise Requirement Buy Bonds