Multiple Choice
Which of the following is a danger of inflation?
A) Price changes can affect the people who sign long-term contracts.
B) Rapid price changes reduce uncertainty.
C) Anticipated inflation may be greater than unanticipated inflation.
D) High rates of inflation will reduce interest rates.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Suppose there was a country with an
Q6: Darryl would like to work as an
Q7: Full employment<br>A) exists when everyone in the
Q8: Which of the following about unemployment is
Q9: Economists define full employment as the level
Q11: Suppose the population (age 16 and over)
Q12: Actual GDP will be below potential GDP<br>A)
Q13: The period of growth in real GDP
Q14: If the consumer price index (CPI) was
Q15: Virtually all economists and policy makers agree