Policy coordination is difficult because each country A) ...

[chads108]

Policy coordination is difficult because each country
 
  A) prefers to be the one to increase demand.
  B) prefers to be the one to appreciate its currency.
  C) prefers that other countries increase their demand.
  D) prefers to be the one to increase taxes.
  E) prefers that other countries increase taxes.

Question 2

In the Phillips curve equation, which of the following will cause a reduction in the current inflation rate?
 
  A) a reduction in the expected inflation rate
  B) an increase in the unemployment rate
  C) a reduction in the markup, m
  D) all of the above
  E) none of the above

[nmyers]

Answer to Question 1

C

Answer to Question 2

D

[chads108]

YES! Correct, THANKS for helping me on my review

[frankwu0507]

Thanks for the timely response, appreciate it