According to Alan Greenspan, the type of inflation that the Taylor Rule is best at addressing is
A) asset-price inflation
B) product-price inflation
C) both asset-price and product-price inflation
D) demand-induced-one-shot inflation
E) supply-induced one-shot inflation
B
You might also like to view...
On the graph above, consider a point A on the aggregate demand curve and above the aggregate supply curve. At this point, ________
A) quantity demanded equals output, but the inflation rate will fall, so output will rise B) quantity demanded is greater than quantity supplied, so the inflation rate will rise C) output is greater than the quantity demanded, so output will fall D) the aggregate demand curve will shift to the right until quantity demanded is equal to quantity supplied E) none of the above
Which of the following can be considered an injection into an economy?
a. Imports b. Investment c. Aid to foreign countries d. Saving e. Taxes