Proponents of zero inflation argue that a successful program to reduce inflation
a. eventually reduces inflation expectations.
b. eventually raises real interest rates.
c. permanently decreases output.
d. permanently raises unemployment.
a
Economics
You might also like to view...
A shortage occurs when the market price is lower than the equilibrium price
Indicate whether the statement is true or false
Economics
During the 1870s and 1880s, which technological innovation was NOT introduced?
a. the roller mill to process oatmeal b. steel-bottomed stills c. long-distance pipelines d. the typewriter e. All of the above were introduced.
Economics