Author Question: Stagflation at the end of the 1970s was marked by increasing inflation and unemployment. Indicate ... (Read 103 times)

imowrer · **on:** Jun 30, 2018

Stagflation at the end of the 1970s was marked by increasing inflation and unemployment.

Indicate whether the statement is true or false

Question 2

Which of the following is correct? Whenever the monetary authority pegs the interest rate,

a. it must be ready to adjust the interest rate on demand.
b. the monetary authority must exchange money for bonds on demand.
c. it has control of the quantity of money.
d. None of the above