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Author Question: A time-inconsistent monetary policy is one that: a. is set by congressional decree. b. is based on ... (Read 23 times)

urbanoutfitters

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on: Jun 30, 2018
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
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  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


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