Adverse supply shocks can cause a recession with increasing price ...

[LaDunn]

Adverse supply shocks can cause a recession with increasing price level.
 
  Indicate whether the statement is true or false

Question 2

Some economists object to having the Fed concentrate solely on price stability because it would
 
  A) make stabilizing the economy more difficult. B) lessen its credibility.
  C) privatize the Federal Reserve. D) free the Fed from political pressure.

[swimkari]

Answer to Question 1

TRUE

Answer to Question 2

A