Author Question: Most economists consider the case for jawboning to control inflation is strongest when this policy ... (Read 35 times)

tfester · **on:** Jun 30, 2018

Most economists consider the case for jawboning to control inflation is strongest when this policy is used:
a. for a long period of time.
b. to combat inflation that is out of control.
c. to combat cost-push inflation.
d. All of these are true.

Question 2

A dramatic and sustained increase in oil prices would most likely:
a. increase demand-pull inflation.
b. decrease demand-pull inflation.
c. increase cost-push inflation.
d. decrease cost-push inflation.