In the early 1980s the government's primary method of combating inflation was
A) price and wage controls.
B) undoing the "self-inflicted" wounds.
C) restrictive monetary policy.
D) indexing bonds to protect savers.
C
Economics
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The figure above shows the market for annual influenza immunizations the United States. With no government intervention, the market equilibrium is at a price of ________ and ________ million immunizations per year
A) $60; 14 B) $40; 14 C) $30; 14 D) $40; 22 E) None of the above answers is correct.
Economics
A single-price monopoly charges the same price
A) even if the demand curve shifts. B) even if its cost curves shift. C) to all customers for each unit of output they buy. D) at all times, and that price equals the firm's marginal revenue.
Economics