One of the goals of monetary policy is to make sure that the inflation rate and the overall rate of growth in the economy are the same.

Answer the following statement true (T) or false (F)

False

There is no need to ensure that the inflation rate and the economic growth rate are the same.

Economics

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A characteristic of the inflation rate is that ________

A) it typically goes down in a boom B) it typically goes up in a recession C) it is a lagging indicator D) all of the above E) none of the above

Economics

The marginal seller is the seller who

a. cannot compete with the other sellers in the market. b. would leave the market first if the price were any lower. c. can produce at the lowest cost. d. has the largest producer surplus.

Economics