Multiple Choice
The outcome of monetary policy can never be certain because
A) unemployment is always changing
B) the concept of a natural rate of unemployment is still not accepted by all policy makers
C) the slope of the AS curve is never clear
D) time lags disrupt policy planning
E) the natural rate of unemployment lags behind the actual rate of unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: For the Fed,price stability means stable prices.
Q2: If there is a decrease in world
Q3: If the Fed wants to move the
Q4: The Federal Reserve has been quite successful
Q6: The long-run Phillips curve is vertical.
Q7: When economists say that there is a
Q8: The choice between hawk and dove positions
Q9: According to the Taylor rule,<br>A) the Fed
Q10: In the long run,monetary policy can<br>A) change
Q11: The Fed does not try to reduce