Author Question: Policy coordination is difficult because each country A) prefers to be the one to increase ... (Read 95 times)

chads108 · **on:** Jun 30, 2018

Policy coordination is difficult because each country

A) prefers to be the one to increase demand.
B) prefers to be the one to appreciate its currency.
C) prefers that other countries increase their demand.
D) prefers to be the one to increase taxes.
E) prefers that other countries increase taxes.

Question 2

In the Phillips curve equation, which of the following will cause a reduction in the current inflation rate?

A) a reduction in the expected inflation rate
B) an increase in the unemployment rate
C) a reduction in the markup, m
D) all of the above
E) none of the above