Economics Homework Help

must have the book or PDF version of Exploring Macroeconomic 7th edition.

the answers is in the book/ PDF.

Chapter 18

1. 1. Why do people hold money?

2. What are the tools of monetary policy and how can the Federal Reserve apply these in a recessionary environment?

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Chapter 20

1. Define absolute and comparative advantage and explain the difference between the two concepts.

2. Describe free and fair trade and how they are different.