Stagflation is a combination of:
A. high and accelerating inflation and high unemployment.
B. low and decelerating inflation and high unemployment.
C. high and accelerating inflation and low unemployment.
D. low and decelerating inflation and low unemployment.
Answer: A
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Using the Gordon growth formula, if D1 is $1.00, ke is 10% or 0.10, and g is 5% or 0.05, then the current stock price is
A) $10. B) $20. C) $30. D) $40.
Your checking account balance would be counted in which measure of money?
A. M1 B. M2 C. Hard money D. It would be counted in both M1 and M2
Which of the following lies primarily within the realm of microeconomics?
a. an empirical analysis of the relationship between the growth of the money supply and the rate of inflation b. an economic model forecasting the impact of a tax increase on consumer spending and national output c. a study of supply and demand conditions in the market for orange juice d. a model forecasting the impact of a change in interest rates on the level of investment in the economy
Open market operations are
A. the buying of existing corporate securities in secondary markets by private citizens, banks and the Fed. B. the selling of new government securities in order to increase the money supply. C. the buying and selling of existing U.S. government securities in open private markets by the Fed. D. the actions of the Fed that are used to finance deficit financing by the government.