Author Question: An instrument rule is based on ________ of the economy while a targeting rule is based on ________ ... (Read 72 times)

Tirant22

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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

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Answer to Question 1

D

Answer to Question 2

D



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