Multiple Choice
When expectations of inflation are formed rationally,an anti-inflationary policy will be more successful if it is
A) credible.
B) a surprise.
C) unanticipated.
D) announced.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: The Lucas critique is an attack on
Q8: An anticipated increase in the money supply
Q11: Rigidities that diminish wage and price flexibility
Q12: In the new classical macroeconomic model developed
Q14: According to the new classical model,<br>A)unanticipated policy
Q15: By _ its deficit,the government's credibility of
Q16: An anticipated increase in the money supply
Q17: In the new classical model,an anticipated policy
Q18: A rise in short-term interest rates that
Q18: In the view of the new classical