Multiple Choice
Opponents of inflation targets believe that _____
A) such targets will encourage workers to shirk work.
B) such targets will lead to unsustainable economic growth.
C) such targets will lead the Fed to pay less attention to jobs.
D) such targets will cause international competitiveness to be lost and the value of savings to be reduced.
E) such targets would prevent investors from investing in profitable ventures.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Those who favor a passive approach to
Q15: Only long-run changes in output can be
Q21: An economy that self-corrects a recessionary gap
Q22: According to the active policy approach, the
Q23: The natural rate of unemployment occurs at
Q25: The short-run Phillips curve portrays a(n) _<br>A)
Q61: Economists of the rational expectations school believe
Q132: The time-inconsistency problem is likely to arise
Q137: The time it takes for the Fed's
Q150: The unemployment rate can remain below the