Multiple Choice
A review of economic data suggests that:
A) expansions are shorter than recessions.
B) business cycles are recurrent and periodic.
C) over the last fifty years, recessions are becoming more common.
D) recessions are shorter in duration than expansions.
Correct Answer:
Verified
Correct Answer:
Verified
Q51: Policymakers can stabilize the economy by shifting:<br>A)
Q52: Which of the following would be classified
Q53: If monetary policymakers do not change their
Q54: Which of the following is true?<br>A) A
Q55: An inflation shock that shifts the short-run
Q57: Stagflation occurs when:<br>A) the inflation rate decreases
Q58: Opportunistic disinflation occurs when policymakers:<br>A) change the
Q59: Disinflation occurs when:<br>A) the inflation rate is
Q60: While monetary policymakers cannot shift the short-run
Q61: Most economists attribute the Great Moderation experienced