According to New Keynesians, an increase in which of the following will tend to cause the inflation rate to increase?
A) firms' average inflation adjusted per-unit costs of production
B) anticipated future inflation
C) an unexpected increase in aggregate demand
D) all of the above
D
You might also like to view...
Contingency fees
a. are illegal in many countries. b. are calculated as a percentage of the total damage award. c. are similar to punitive damages. d. according to some reformers, should be increased to discourage further lawsuits. b. both a and b.
Continuing resolutions are: a. budget agreements that allow agencies, in the absence of an approved budget, to spend at the rate of the previous year's budget. b. guaranteed benefits for those who qualify for government transfer programs such asSocial Security and Medicare
c. agreements about total outlays, spending by major category, and expected revenues of the federal government. d. budget resolutions that allow the federal government to allocate a fixed proportion of yearly outlays toward military related expenditures. e. legislative actions undertaken to balance the budget.