In the short run, an unanticipated cut in the rate of inflation would
A) increase the unemployment rate.
B) decrease the unemployment rate.
C) unambiguously improve the misery index.
D) lower the natural rate of unemployment.
A
You might also like to view...
Sun's Gas Station is a firm operating in a perfectly competitive industry. Sun's Gas Station sells each gallon of gas for $3. What is the total revenue earned by selling 180 gallons of gas?
A) $240 B) $540 C) $840 D) $3,300
The management of money and interest rates is called ________ policy and is conducted by a nation's ________ bank
A) monetary; superior B) fiscal; superior C) fiscal; central D) monetary; central
A head tax is an example of a proportional tax
Indicate whether the statement is true or false
The discount window provides:
A. guaranteed emergency funds for banks in trouble at a lower interest rate than others. B. guaranteed emergency funds for banks in trouble at a higher interest rate than federal funds rate. C. loans to banks at low interest rates, only when the economy is doing well. D. loans to banks at low interest rates, so they can lend more money out to the public.