Author Question: According to Thomas Sargent and other new classical economists, a. a credible policy to provide ... (Read 37 times)

daltonest1984

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According to Thomas Sargent and other new classical economists,
 
  a. a credible policy to provide low stable money growth can exist with a fiscal policy that generates large deficits.
  b. a credible policy to provide low stable money growth cannot coexist with a fiscal policy that generates large deficits.
  c. there is no need for a credible, noninflationary monetary policy to control the government budgetary deficit.
  d. None of the above

Question 2

Policymakers utilize gross domestic product figures
 
  a. to monitor recessions and expansions.
  b. as a means to measure welfare.
  c. to observe long-run growth trends.
  d. Both a and c
  e. All of the above



briseldagonzales

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Answer to Question 1

B

Answer to Question 2

E



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