Multiple Choice
An economist would be more likely to argue against reducing inflation if she thought that
A) the central bank lacked credibility and if bonds were usually not indexed for inflation.
B) the central bank lacked credibility and if bonds were usually indexed for inflation.
C) the central bank had credibility and if bonds were usually not indexed for inflation.
D) the central bank had credibility and if bonds were usually indexed for inflation.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: If inflation were high in some country
Q22: A permanent reduction in inflation would<br>A)permanently reduce
Q24: Higher inflation results in<br>A)more frequent price changes
Q25: Proponents of zero inflation argue that a
Q27: Economists<br>A)agree that the costs of moderate inflation
Q28: Which of the following is a cost
Q29: A program to reduce inflation is likely
Q30: Some countries have had high inflation for
Q31: For the Fed to fully eliminate the
Q102: Some economists argue that since inflation<br>A)raises the