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Author Question: The phrase used by Walter Heller to refer to the government's role in regulating inflation and unemployment is (Read 70 times)

Arii_bell

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Question 1

Suppose the economy suffers a high rate of inflation. According to Keynesian economists, the government should decrease employment by


◦ increasing money supply.
◦ balancing the budget.
◦ not doing anything.
◦ decreasing government spending.

Question 2

The phrase used by Walter Heller to refer to the government's role in regulating inflation and unemployment is


◦ market clearing.
◦ price adaptation.
◦ fine-tuning.
◦ stagflation.


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Marked as best answer by Arii_bell on Apr 19, 2019

InfiniteSteez

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