The inflation-reduction episode of the early 1980s was an example of an
A) expected inflation reduction fiscal policy by Congress.
B) unexpected inflation reduction by the Fed.
C) unexpected inflation reduction fiscal policy by Congress.
D) unexpected inflation reduction by the Fed combined with an expected inflation reduction fiscal policy by Congress.
E) expected inflation reduction by the Fed.
B
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An increase in real net exports leads to an increase in real GDP. Further
A) real consumption spending increases while real investment spending decreases. B) real government spending decreases to offset the increase in real net exports. C) real consumption spending and real saving increase. D) real consumption spending increases but real saving does not change.
When does the second player in an ultimatum game reject the offer made by the first player?
What will be an ideal response?
Capital flight refers to
a. the movement of workers across international borders in response to exchange rate changes. b. the movement of funds between financial intermediaries when interest rates change. c. the ability of foreign direct investment to lift a country out of poverty. d. a large and sudden movement of funds out of a country.
The major difference between natural resources and capital is that the former refers to naturally occurring resources whereas the latter refers to produced resources.
a. true b. false