Author Question: A time-inconsistent monetary policy is one that: a. is set by congressional decree. b. is based on ... (Read 48 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?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library