Author Question: Eliminating frictional unemployment would be good for the economy. Indicate whether the statement ... (Read 93 times)

09madisonrousseau09

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Eliminating frictional unemployment would be good for the economy.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 17-1. What should the Federal Reserve do if it wants to move from point A to point C in the short-run Phillips curve depicted in the figure above?
 
  A) raise taxes
  B) raise the discount rate
  C) buy treasury bills
  D) sell treasury bills
  E) decrease the money supply



Anonymous

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Answer to Question 1

FALSE

Answer to Question 2

C



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