Microeconomics

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Which of the following macroeconomic variables is most dependent on whether the government pursues ... Started by Lisaclaire	1 Replies 183 Views	Jun 30, 2018 by enass
If the price level increases more rapidly than expected, _____. a. output will decrease b. output ... Started by jasdeep_brar	1 Replies 63 Views	Jun 30, 2018 by wilsonbho
_____, the time-inconsistency problem gets eliminated. a. When an inflation or a recession is ... Started by Pineapplelove6	3 Replies 106 Views	Jun 30, 2018 by juicepod
Given the expected price level, policies for reaching potential GDP will work best if the money ... Started by Hungry!	1 Replies 39 Views	Jun 30, 2018 by TheNamesImani
Brandon, an economist, is a believer of the rational expectations school. According to him, which of ... Started by lindiwe	1 Replies 44 Views	Jun 30, 2018 by blakeserpa
According to the rational expectations school, if the Fed announces a policy of rapid growth in the ... Started by jjjetplane	1 Replies 74 Views	Jun 30, 2018 by lgoldst9
Some economists believe that when workers and firms expect a recessionary monetary policy, _____. ... Started by jenna1	1 Replies 57 Views	Jun 30, 2018 by Kaytorgator
Which of the following is true of the Fed? a. The law lets the Fed decide how best to promote full ... Started by mrsjacobs44	1 Replies 54 Views	Jun 30, 2018 by gstein359
The government of Montesia had announced that it would keep its money supply unchanged in 2010 . ... Started by RRMR	1 Replies 92 Views	Jun 30, 2018 by Sierray
Which of the following is not assumed before the implementation of a policy? a. The appropriate ... Started by cool	1 Replies 89 Views	Jun 30, 2018 by GCabra
Which of the following central banks does not have an explicit inflation target? a. The Bank of ... Started by biggirl4568	3 Replies 84 Views	Jun 30, 2018 by HandsomeMarc
According to the rational expectations theory, monetary policy is fully anticipated and therefore ... Started by future617RT	1 Replies 76 Views	Jun 30, 2018 by bblaney
According to economists of the rational expectations school, _____. a. the passive approach must be ... Started by swpotter12	1 Replies 72 Views	Jun 30, 2018 by mirabriestensky
The rational expectations school advocates: a. Monetarism. b. Keynesianism. c. the use of fiscal ... Started by tichca	1 Replies 193 Views	Jun 30, 2018 by ASDFGJLO
The theorists of the rational expectations school: a. favor monetary rules because they believe ... Started by tatyanajohnson	1 Replies 54 Views	Jun 30, 2018 by succesfull
The rational expectations school advocates the passive rule of a fixed-growth rate monetary policy ... Started by ssal	1 Replies 94 Views	Jun 30, 2018 by mcomstock09
The Phillips curve shows: a. the relationship between the interest rate and the inflation rate. b. ... Started by D2AR0N	1 Replies 94 Views	Jun 30, 2018 by TheDev123
In the early 1960s, the discovery of the Phillips curve relationship caused economists and policy ... Started by vicotolentino	1 Replies 89 Views	Jun 30, 2018 by wfdfwc23
Economist Alban William Phillips believed that: a. the Fed should follow a policy rule because it ... Started by bobbie	3 Replies 93 Views	Jun 30, 2018 by huda
The inflation associated with the oil embargoes of the 1970s resulted in: a. reduced unemployment ... Started by bobthebuilder	1 Replies 63 Views	Jun 30, 2018 by nixon_s
The short-run Phillips curve shows that: a. the economy can have low inflation and low unemployment ... Started by magmichele12	1 Replies 91 Views	Jun 30, 2018 by mcomstock09
The short-run Phillips curve portrays a(n): a. direct relationship between total employment and the ... Started by maegan_martin	1 Replies 46 Views	Jun 30, 2018 by kthug
Suppose we observe several years of falling inflation rates for an economy. Which of the following ... Started by nelaaney	1 Replies 65 Views	Jun 30, 2018 by b614102004
One way of expressing the concept of the short-run Phillips curve is to say that: a. the cost of ... Started by ARLKQ	1 Replies 49 Views	Jun 30, 2018 by cloud
One implication of the Phillips curve analysis is that: a. unemployment rates below the natural ... Started by TVarnum	1 Replies 45 Views	Jun 30, 2018 by elizabethrperez