Multiple Choice
Increases in productivity result in:
A) higher inflation as output increases.
B) lower inflation as output decreases.
C) opportunities for policymakers to reduce their inflation target without inducing a recession.
D) none of the answers provided is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q80: Increases in potential output shift:<br>A) the long-run
Q81: "Official" recessions in the United States are
Q82: If the economy's output response to changes
Q83: If monetary policymakers do not want an
Q84: If monetary policymakers respond aggressively to current
Q86: Describe the immediate short-run effect to the
Q87: Almost all recessions identified by the NBER
Q88: Neutralizing demand shocks is easier in theory
Q89: Discuss the short- and long-run output responses
Q90: Central bankers with a relatively flat monetary