This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the key message of the Impossible Trinity? a. The Impossible Trinity claims that there is a ... (Read 69 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
on: Jun 30, 2018
What is the key message of the Impossible Trinity?
 a. The Impossible Trinity claims that there is a tradeoff between inflation, GDP growth, and unemployment.
  b. The Impossible Trinity claims that the three key macroeconomic markets can not be in equilibrium simultaneously.
  c. The Impossible Trinity states that low inflation, low unemployment, and a balanced budget can not be attained at the same time.
  d. The Impossible Trinity states that no country can have a fixed exchange rate, monetary independence, and free and open international trade and capital flows at the same time.

Question 2

If the price of inputs rises and consumer expectations about future economic activity worsens:
 a. Aggregate demand rises, but aggregate supply does not change.
  b. Aggregate demand falls, and aggregate supply rises.
  c. Aggregate demand and aggregate supply rise.
  d. Aggregate demand and aggregate supply fall.
  e. None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

.D

Answer to Question 2

.D


tichca

  • Hero Member
  • *****
  • Posts: 554
Reply #2 on: Jun 30, 2018
Thank you


Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Labeling of black cohosh: (b) back label with more health claims and FDA disclaimer Labeling of black cohosh: (b) back label with more health claims and FDA disclaimer
L-carnitine is a popular dietary supplement. Notice the claims of improving athletic performance and ... L-carnitine is a popular dietary supplement. Notice the claims of improving athletic performance and ...
Some vehicles will display a message if an evaporative control system leak is detected that could ... Some vehicles will display a message if an evaporative control system leak is detected that could ...
Shadowing a Message That Switches Ears Shadowing a Message That Switches Ears
Remy Shand - Take a Message Remy Shand - Take a Message
Early claims of relieving headaches with Bromo-Seltzer Early claims of relieving headaches with Bromo-Seltzer
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library