Author Question: A time-inconsistent monetary policy is one that: a. is set by congressional decree. b. is based on ... (Read 54 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
A time-inconsistent monetary policy is one that:
 a. is set by congressional decree.
  b. is based on monetary targets established by law.
  c. changes over time as economic conditions change.
  d. follows a zero percent inflation rate.
  e. does not adapt to changing economic conditions.

Question 2

A perfectly inelastic supply curve is vertical.
 a. True
  b. False
  Indicate whether the statement is true or false



yeungji

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

c

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library