Suppose that Federal Reserve policy leads to higher interest rates in the U. S. If the U. S. is a closed economy in the short​ run, real GDP will increase stay the same decrease .
If the U. S. is an open economy real GDP will increase stay the same decrease by more than in a closed economy the same amount as in a closed economy less than in a closed economy .

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?