Which of the following best describes the history of the U.S. price level from 1970 to 2008?
a. The price level increased during the 1970s and 1980s, but decreased during the 1990s.
b. The price level increased during the 1970s but decreased during the 1980s and 1990s.
c. The price level decreased over the whole period.
d. The price level increased over the whole period.
e. The price level increased during the 1970s but decreased during the 1980s, and 1990s.
D
Economics
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The Swiss National Bank established the practice of targeting monetary aggregates in ________
A) 1929 B) 1975 C) 2001 D) 2008
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Most macroeconomists believe that both fiscal and monetary policy can shift aggregate demand and that such interventions can be counterproductive
a. True b. False Indicate whether the statement is true or false
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