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Author Question: When output is held constant, inflation does which of the following? (a) Increases real GDP (b) ... (Read 110 times)

naturalchemist

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on: Jun 30, 2018
When output is held constant, inflation does which of the following?
 
  (a) Increases real GDP
  (b) Increases real income
  (c) Increases government spending
  (d) Reduces the purchasing power of individuals
  living on fixed incomes.

Question 2

Policies aimed at reducing the natural rate of unemployment are referred to as
 
  a. stabilization policies.
  b. structural policies.
  c. macroeconomic policies.
  d. labor policies.


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mirabriestensky

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(d)

Answer to Question 2

B


naturalchemist

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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