Fuzzy’s Music Taste
Fuzzy‘s favorite rap group.
What is Outkast?
True or False: Fuzzy was pushed off the steps of the school bus as a child.
True
Fuzzy‘s favorite football team.
Who are the New York Giants?
Who is Bojack/KB?
The city of Fuzzy‘s college
What is Boston?
Fuzzy‘s 4 favorite non-rap artists (Will accept any 3).
Who are Frank Ocean, The Weeknd, Sampha and Lana del Rey?
What word did Fuzzy say to get detention in 2nd grade?
What is ”kill?”
Fuzzy met this famous man in Hong Kong.
Who is Sams Tailor?
The month that Fuzzytron was created.
Fuzzy‘s favorite subject during senior year.
What is AP Macro?
Fuzzy‘s 6 favorite rappers (will accept any 3).
Who are Kendrick Lamar, MF DOOM, and Tyler, the Creator?
*ASAP Rocky, Andre 3000, Pusha T
What is alto sax?
Fuzzy‘s favorite muscle.
What is tricep?
To the nearest tenth, Fuzzytron has these many posts.
What is 70?
Fuzzy’s favorite teacher during senior year.
Who is Tracy?
Fuzzy‘s favorite record label.
What is Griselda?
The first album that got Fuzzy into music.
What is Blonde?
Fuzzy‘s beverage of choice.
What is black coffee.
Fuzzytron‘s first birthday shoutout.
Who is AirKaks?
Fuzzy was president of these two clubs.
What are Rho Kappa and Econ Finance Team?
Fuzzy’s 3 favorite producers.
Who are Madlib, The Alchemist, and Pharrell.
Fuzzy realized that this was his favorite “restaurant.”
What is Chipotle?
Fuzzy *knows* these many languages.
What is 5?
The caption on Fuzzytron‘s first post.
What is “specially curated for you?”
Fuzzyland‘s natural rate of unemployment is 5%, but its current rate of unemployment is 7%. Assuming this country is operating in an ample reserves regime, what will be the effect of an expansionary monetary policy on the output gap? What is this expansionary monetary policy action? Explain.
The expansionary monetary policy will lower the current rate of unemployment closer to the NRU, but it is unclear whether this change is large enough to decrease the UR enough back to the NRU. The expansionary monetary policy action is to lower administered rates such as interest on reserve balances and the discount rate. Lowered administered rates contribute to a lower nominal interest rate, thus lowering the cost of borrowing money, encouraging interest-sensitive consumption spending and investment spending (components of aggregate demand), thus increasing AD. As AD increases, real output increases. When real output increases, more workers are needed to produce an increased amount of goods and services, hence decrease the unemployment rate as fewer workers will be unemployed.