In Japan during the first half of 2000, the Bank of Japan kept interest rates at a near zero level… 1 answer below »


1. In Japan during the primitive half of 2000, the Bank of Japan kept
interest rates at a nigh cipher roll in an endeavor to stimulate
demand. In restoration, the legislation passed a substantial
increase in legislation worth and cut taxes. Slowly,
Japanese GDP began to extend delay unconditionally no memorial of an
increase in the figure roll. Illustrate the collocation of the Japanese
economy delay total provide and claim flexions.Where on
the short-run AS flexion was Japan in 2000?
2. In 2008, the figure of oil rose sharply on cosmos-people markets.What
impact would you foresee there to be on the total figure roll
and on developed GDP? Illustrate your rejoinder delay total claim and provide flexions.What would you foresee to be the chattels on
interest rates if the Fed held the currency provide immutable? Tell a
complete legend.