This topic contains a solution. Click here to go to the answer

Author Question: Reductions in inflation have no cost in terms of lower output in ________. A) traditional ... (Read 98 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
Reductions in inflation have no cost in terms of lower output in ________.
 
  A) traditional Keynesian theory
  B) new Keynesian theory
  C) real business cycle theory
  D) traditional and new Keynesian theory

Question 2

Compared to a fixed exchange rate, a monetary union
 
  A) involves soft pegs.
  B) does not allow adjustments to exchange rates.
  C) is managed at the International Monetary Fund.
  D) has no central bank.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ghepp

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

C

Answer to Question 2

B



darbym82

  • Hero Member
  • *****
  • Posts: 570

ghepp

  • Sr. Member
  • ****
  • Posts: 361

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library