Multiple Choice
Currently, if inflation is 2 percent and the goods inflation target is 2.5 percent, policymakers:
A) congratulate themselves for coming in under their target.
B) are unhappy because they have come in under their target.
C) are indifferent because they don't have an inflation target.
D) are indifferent because they are more interested in asset inflation.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: The short-run Phillips curve shifts around because
Q51: How is the quantity theory of money
Q52: According to the quantity theory of money,
Q53: The quantity theory of money:<br>A)does not explain
Q54: Suppose that real output is fixed and
Q56: Institutionally-focused economists argue:<br>A)the equation of exchange is
Q57: If the economy is at point A
Q58: If actual inflation is correctly expected and
Q59: The equation of exchange is expressed as:<br>A)MR
Q60: Inflation redistributes income from people who do