With faster inflation, money in the form of ________ becomes more desirable

The fact of increasing opportunity cost when moving on the PPF means that

A) to increase the production of one product requires larger and larger sacrifices of the other good. B) to decrease the production of one product requires smaller and smaller sacrifices of the other good. C) to increase the production of one product requires smaller and smaller sacrifices of the other good. D) when the government forces a movement from one point on the PPF to another point, no production is lost. E) the PPF will be a negatively sloped straight line.

In the period 1965 through the 1970s, policymakers pursued ________ policies in order to achieve ________

A) expansionary; high employment B) expansionary; low inflation C) contractionary; high employment D) contractionary; low inflation