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Author Question: Reductions in inflation have no cost in terms of lower output in ________. A) traditional ... (Read 120 times)

darbym82

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on: Jun 30, 2018
Reductions in inflation have no cost in terms of lower output in ________.
 
  A) traditional Keynesian theory
  B) new Keynesian theory
  C) real business cycle theory
  D) traditional and new Keynesian theory

Question 2

Compared to a fixed exchange rate, a monetary union
 
  A) involves soft pegs.
  B) does not allow adjustments to exchange rates.
  C) is managed at the International Monetary Fund.
  D) has no central bank.


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ghepp

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

C

Answer to Question 2

B


darbym82

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Reply #2 on: Jun 30, 2018
Correct answers!


ghepp

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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