Author Question: To obtain real average hourly earnings, nominal average hourly earnings are multiplied by the CPI. ... (Read 252 times)

acc299

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To obtain real average hourly earnings, nominal average hourly earnings are multiplied by the CPI.
 
  Indicate whether the statement is true or false

Question 2

If the Fed attempts to reach and maintain very low rates of unemployment, we would expect the rate of inflation to rise.
 
  Indicate whether the statement is true or false



Heffejeff

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Answer to Question 1

FALSE

Answer to Question 2

TRUE



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