« previous next »

Author Question: Monetary policy can A) shift the short-run trade-off between inflation and unemployment if it ... (Read 46 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
Monetary policy can
 
  A) shift the short-run trade-off between inflation and unemployment if it affects expected inflation.
  B) shift the long-run trade-off between inflation and unemployment through changes in cyclical unemployment.
  C) shift both the short-run and long-run trade-offs between inflation and unemployment if changes in policy are credible.
  D) shift neither the short-run nor long-run Phillips curve trade-offs between inflation and unemployment.

Question 2

If inflation is unanticipated, no redistribution of income can occur.
 
  Indicate whether the statement is true or false


amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Cause of Inflation Cause of Inflation
Atlantic Slave Trade, 1451–1870 Atlantic Slave Trade, 1451–1870
Levels of Processing Affects Long-Term but not Short-Term Memory Levels of Processing Affects Long-Term but not Short-Term Memory
Hormones acting through the brain help regulate metabolism and short- and long-term appetite. Hormones acting through the brain help regulate metabolism and short- and long-term appetite.
The relationship between the permissible exposure limit (PEL), the short-term exposure limit (STEL), ... The relationship between the permissible exposure limit (PEL), the short-term exposure limit (STEL), ...
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library