Multiple Choice
A high-pressure economy is one in which
A) monetary and fiscal policy are used to keep unemployment as low as possible.
B) there is no unemployment insurance,putting pressure on workers to keep their jobs and stay off welfare.
C) wage and price controls prevent firms from raising prices by more than the general price level.
D) the Central Bank tightens monetary policy to force all inflation out of the economy.
Correct Answer:
Verified
Correct Answer:
Verified
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