Question 1
The government used ________ to commit itself to both full employment and using unemployment to fight inflation:
◦ High inflation rate indexes
◦ Estimates of the stagnant economy
◦ NAIRU — non accelerating inflation rate of unemployment
◦ Inflation equalizers
Question 2
The years between 1968 to 1992 were characterized by a shift from an industrial economic base to a:
◦ Multifaceted base.
◦ Technological base.
◦ Agricultural one.
◦ Service economy.