Author Question: The causal link between money growth and inflation is most closely associated with A) Jevons. B) ... (Read 70 times)

ap345 · **on:** Jun 30, 2018

The causal link between money growth and inflation is most closely associated with

A) Jevons.
B) Kiyotaki and Wright.
C) Friedman and Schwartz.
D) Diamond and Dybvig.

Question 2

On the modern Phillips curve, the initial impact of government policies to stimulate the economy is shown by ________.

A) an upward movement along the Phillips curve to a higher inflation rate
B) an upward shift of the Phillips curve leading to higher inflation rates for any unemployment rate
C) a downward shift of the Phillips curve leading to lower inflation rates for any unemployment rate
D) a downward movement along the Phillips curve to higher unemployment rates
E) none of the above