Samuelson and Solow Argued That a Combination of Low Unemployment

Multiple Choice

Samuelson and Solow argued that a combination of low unemployment and low inflation

A) was impossible given the historical data as summarized by the Phillips curve.
B) could be achieved with an "appropriate" fiscal policy.
C) could be achieved with an "appropriate" monetary policy.
D) could be achieved with an "appropriate" mix of monetary and fiscal policies.