Author Question: Why would a policymaker risk inflation if workers can just renegotiate their wages? A) There is a ... (Read 37 times)

skymedlock · **on:** Jun 30, 2018

Why would a policymaker risk inflation if workers can just renegotiate their wages?

A) There is a change that workers will not fully anticipated the impact of the policy.
B) The policymakers want to look like they are actively involved in the economy.
C) Inflation is not a high price to pay in the economy.
D) The policymakers do not believe that the workers can renegotiate.

Question 2

What are some of the strategies that have been proposed to mitigate global warming at a macro level?

What will be an ideal response?

nixon_s · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

These include, capping emissions, development of carbon markets, taxes on carbon, and subsidies for green technologies. See text.