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Author Question: A goal of very high employment may lead to ________. A) inflationary monetary policy B) ... (Read 81 times)

KimWrice

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on: Jun 30, 2018
A goal of very high employment may lead to ________.
 
  A) inflationary monetary policy
  B) inflationary fiscal policy
  C) demand-pull inflation
  D) all of the above
  E) none of the above

Question 2

If the public believes that the commitment to a nominal anchor is not credible, the effect of a negative aggregate demand shock is for ________.
 
  A) short-run aggregate supply to shift down
  B) short-run aggregate supply to remain unchanged
  C) short-run aggregate supply to shift up
  D) inflation, but not economic activity, to decrease


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ciecieme

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

D

Answer to Question 2

C


KimWrice

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Excellent

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