Author Question: Which of the following strategies does monetary policy typically dictate in inflationary periods? ... (Read 95 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Which of the following strategies does monetary policy typically dictate in inflationary periods?
 
  a. The Federal Reserve should raise interest rates.
  b. Congress should increase spending.
  c. Congress should raise taxes on citizens.
  d. The Federal Reserve should lower interest rates.

Question 2

Which of the following was the cause of stagflation when Paul Volcker was appointed chairman of the Federal Reserve in 1979?
 
  a. falling energy prices
  b. falling unemployment rates
  c. huge budget deficits
  d. rising productivity



potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library