Multiple Choice
In 1980,the U.S.economy had an inflation rate of
A) about 1 percent and an unemployment rate of about 7 percent.
B) less than 4 percent and an unemployment rate of less than 6 percent.
C) less than 7 percent and an unemployment rate of about 9 percent.
D) more than 9 percent and an unemployment rate of about 7 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q50: In which case,if any,will inflation remain higher
Q51: A favorable supply shock will shift short-run
Q52: An event that directly affects firms' costs
Q53: If policymakers accommodate an adverse supply shock,then
Q54: A favorable supply shock<br>A)raises unemployment and the
Q56: Figure 35-9.The left-hand graph shows a short-run
Q57: If there is a temporary adverse supply
Q60: Which of the following results in higher
Q122: Suppose OPEC is unable to come to
Q185: If the Fed wants to reverse the