If policymakers set a target for unemployment that is too low because it is less than the natural rate of unemployment, this can set the stage for a higher rate of money growth and
A) cost-push inflation.
B) demand-pull inflation.
C) cost-pull inflation.
D) demand-push inflation.
B
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Monopsony means a labor market with a single buyer
a. True b. False Indicate whether the statement is true or false
Although the chairman of its Board of Governors is appointed by the Treasury Department, the Fed operates with considerable independence from the executive branch of the government
a. True b. False Indicate whether the statement is true or false
In business, the "bottom line" refers to the very last line of a(n):
A. income statement, which shows total revenue. B. balance sheet, which shows profit. C. balance sheet, which shows total income. D. income statement, which shows profit.
A decrease in the rate of inflation will increase the rate of unemployment.
Answer the following statement true (T) or false (F)