The Chairman of the Fed is appointed by Congress and serves three consecutive 4-year terms unless removed for misconduct
Indicate whether the statement is true or false
F
Economics
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New Keynesians hypothesize that
A) fluctuations in output are largely caused by supply shocks. B) the relationship between inflation and unemployment is exploitable in the long run. C) the relationship between inflation and unemployment is exploitable in the short run. D) there is no relationship between inflation and unemployment.
Economics
Differentiate between the short run and the long run
Economics