Author Question: According to monetarists, the natural rate theory a. denies the tradeoff between inflation and ... (Read 55 times)

tiara099

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According to monetarists, the natural rate theory
 
  a. denies the tradeoff between inflation and output.
  b. argues that there is a stable tradeoff between inflation and output.
  c. shows that activist policies work best.
  d. believes that the Phillips curve relationship breaks down when policymakers attempt to use it.

Question 2

The two main sources of U.S. population increase between Independence and the Civil War were natural increases in population and immigration.
 
  Indicate whether the statement is true or false



tofugiraffe

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Answer to Question 1

D

Answer to Question 2

True



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