Author Question: Which of the following strategies does monetary policy typically dictate in inflationary periods? ... (Read 69 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Which of the following strategies does monetary policy typically dictate in inflationary periods?
 
  a. The Federal Reserve should raise interest rates.
  b. Congress should increase spending.
  c. Congress should raise taxes on citizens.
  d. The Federal Reserve should lower interest rates.

Question 2

Which of the following was the cause of stagflation when Paul Volcker was appointed chairman of the Federal Reserve in 1979?
 
  a. falling energy prices
  b. falling unemployment rates
  c. huge budget deficits
  d. rising productivity



potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library