In order to change inflationary expectations in 1979, the Fed's monetary policy under Paul Volcker's leadership resulted in ________ and ________
A) steep inflation; low unemployment
B) deflation; high unemployment
C) disinflation; low unemployment
D) disinflation; high unemployment
E) steep inflation; high unemployment
D
Economics
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Jane started eating more junk food and taking less care of her health after she bought life insurance. Her behavior is an example of ________
A) moral hazard B) adverse selection C) the paradox of thrift D) the free-rider problem
Economics
Using the CPI measure of the price level, which is 100 in the base year of 2007, calculate the annual inflation rates for (a) 2013, when the index is 103.7. (b) 2014, when the index is 105.5. (c) 2015, when the index is 107.7
What will be an ideal response?
Economics