Author Question: When a price shock occurs, the inflation rate is affected ________. A) only in the period of the ... (Read 94 times)

lracut11 · **on:** Jun 30, 2018

When a price shock occurs, the inflation rate is affected ________.

A) only in the period of the price shock
B) only in the period after the price shock
C) only if the price shock causes a change in output
D) only if the price shock persists for more than one period
E) none of the above

Question 2

In the circular flow model, injections and leakages are associated with

a. saving and investment.
b. consumption and investment.
c. realized investment and desired investment.
d. saving and taxes.