Author Question: Adverse supply shocks can cause a recession with increasing price level. Indicate whether the ... (Read 77 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
Adverse supply shocks can cause a recession with increasing price level.
 
  Indicate whether the statement is true or false

Question 2

Some economists object to having the Fed concentrate solely on price stability because it would
 
  A) make stabilizing the economy more difficult. B) lessen its credibility.
  C) privatize the Federal Reserve. D) free the Fed from political pressure.


swimkari

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

TRUE

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library