A reason that the inflation rate did not increase substantially following the recession of 2007-2009 is that
A) the increase in the monetary base was accompanied by larger-than expected increases in the money supply.
B) even though the recovery was slow, the U.S. economy benefitted from a small output gap.
C) the recovery was slow and the unemployment rate remained high through 2012.
D) the Federal Reserve quickly implemented contractionary policy to prevent an increase in the inflation rate.
C
Economics
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If Ep is 3500 and Y is 3000, then
A) planned inventory accumulation is 500. B) planned inventory depletion is 500. C) unplanned inventory accumulation is 500. D) unplanned inventory depletion is 500.
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