Author Question: Nominal GDP targeting ________. A) is consistent with a dual mandate B) has been adopted in more ... (Read 62 times)

penguins · **on:** Jun 30, 2018

Nominal GDP targeting ________.

A) is consistent with a dual mandate
B) has been adopted in more countries than have adopted inflation targeting
C) is, compared to inflation targeting, easier both to implement and to explain
D) is preferred strongly by conservative central bankers

Question 2

If the government increases military spending ________.

A) the IS curve would shift to the left
B) output will decrease if interest rates remain fixed
C) the unemployment rate could fall
D) all of the above
E) none of the above