Equality of opportunity demands fair rules and does not require transfer programs

Which of the following may NOT help avoid a financial crisis?

A) Maintaining credible and sustainable fiscal policies B) Regulation and supervision of the financial system C) Disclosure of timely information to lenders, investors, and depositors about key economic variables such as the central bank's holding of international reserves D) Immediately bailing out financial intermediaries and standing ready to bail out others in case a financial crisis occurs E) Maintaining credible and sustainable monetary policies

Stagflation refers to a situation in which the economy is experiencing:

A. high economic growth and high inflation. B. low economic growth and high inflation. C. high economic growth and low inflation. D. low economic growth and low inflation.