Multiple Choice
Those who prefer that the Fed react to negative supply shocks by tolerating higher rates of inflation as a means of moderating a recession are called
A) inflation doves
B) inflation hawks
C) monetarists
D) Keynesians
E) hard headed and soft hearted
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q70: What short-run choice does the Phillips curve
Q71: Which of the following does the long-run
Q72: The natural rate of unemployment never changes.
Q73: The Phillips curve<br>A) is the same as
Q74: The Fed's goal is<br>A) moderate and stable
Q76: Which of the following is an accurate
Q77: To eliminate built-in inflation from the economy,the
Q78: If the demand for money decreases,a constant
Q79: If the inflation rate is 3 percent
Q80: In the mid-1980s the natural rate of