Which of the following is an objective of fiscal policy?
A) high rates of economic growth
B) discovering a cure for AIDs
C) energy independence from Middle East oil
D) health care coverage for all Americans
E) homeland security
Question 2
The short-run Phillips curve will shift if there is
A) a change in inflation expectations. B) an increase in inflation that is unanticipated.
C) an increase in the unemployment rate. D) a decrease in inflation that is unanticipated.