If the Fed wants to permanently lower interest rates, then it should raise the rate of money growth if
A) there is fast adjustment of expected inflation.
B) there is slow adjustment of expected inflation.
C) the liquidity effect is smaller than the expected inflation effect.
D) the liquidity effect is larger than the other effects.
D
Economics
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The cost of complying with regulation
A) shifts the ATC curve upward. B) shifts the MC curve downward. C) shifts the demand curve to the right. D) increases the products' price elasticity of demand.
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If you wanted to compare the quantity of output of a country across time periods, which of the following would you use?
a. the consumer price index b. nominal GDP c. the GDP deflator d. real GDP
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