Multiple Choice
Changes in government policy that cause the inflation rate to rise will
A) have no effect on the unemployment rate.
B) cause the unemployment rate to fall.
C) cause the unemployment rate to rise by the rate of inflation.
D) cause the unemployment rate to rise,but we cannot tell by how much.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: In the short run,an anticipated increase in
Q68: What are the criticisms of supply-side economics?
Q69: One economic theory states that people combine
Q70: Figure 15-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 15-4
Q71: Supply-side economics is<br>A)policy irrelevance proposition.<br>B)creating incentives to
Q73: Explain the importance of expectations as it
Q74: The relationship between unemployment and inflation is
Q75: If firms anticipate that a rise in
Q76: The Phillips curve shows<br>A)a positive relationship in
Q77: The rational expectations hypothesis is associated with