Author Question: In theory, any object ________ could play the role of fiat money. A) in unlimited supply B) for ... (Read 35 times)

asd123 · **on:** Jun 30, 2018

In theory, any object ________ could play the role of fiat money.

A) in unlimited supply B) for which demand is limited
C) in limited supply D) that has an unlimited demand

Question 2

The short-run Phillips curve suggests what policy making implications?

A) Using discretionary policies, it may be possible to achieve just the right unemployment and inflation mix.
B) Active policy making does not yield any predictable results.
C) Maintaining both the inflation and unemployment rates at low levels is possible if policy makers will rely solely on nondiscretionary policy making.
D) Passive policy making is more effective than active policy making.