An instrument rule is based on ________ of the economy while a ...

[Tirant22]

An instrument rule is based on ________ of the economy while a targeting rule is based on ________ of the economy.
 
  A) the current state; the previous state
  B) a forecast; the previous state
  C) the previous state; the current state
  D) the current state; a forecast
  E) a forecast; the current state

Question 2

Moving along the short-run Phillips curve, as the unemployment rate increases, the inflation rate
 
  A) initially increases and then decreases.
  B) remains unchanged.
  C) increases.
  D) decreases.
  E) initially decreases and then increases.

[katkat_flores]

Answer to Question 1

D

Answer to Question 2

D