Author Question: A time-inconsistent monetary policy is one that: a. is set by congressional decree. b. is based on ... (Read 50 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
A time-inconsistent monetary policy is one that:
 a. is set by congressional decree.
  b. is based on monetary targets established by law.
  c. changes over time as economic conditions change.
  d. follows a zero percent inflation rate.
  e. does not adapt to changing economic conditions.

Question 2

A perfectly inelastic supply curve is vertical.
 a. True
  b. False
  Indicate whether the statement is true or false



yeungji

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

c

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library