The causal link between money growth and inflation is most ...

[ap345]

The causal link between money growth and inflation is most closely associated with
 
  A) Jevons.
  B) Kiyotaki and Wright.
  C) Friedman and Schwartz.
  D) Diamond and Dybvig.

Question 2

On the modern Phillips curve, the initial impact of government policies to stimulate the economy is shown by ________.
 
  A) an upward movement along the Phillips curve to a higher inflation rate
  B) an upward shift of the Phillips curve leading to higher inflation rates for any unemployment rate
  C) a downward shift of the Phillips curve leading to lower inflation rates for any unemployment rate
  D) a downward movement along the Phillips curve to higher unemployment rates
  E) none of the above

[fwbard]

Answer to Question 1

C

Answer to Question 2

A

[ap345]

TYSM

[Joy Chen]

Gracias!