If during the past decade the average rate of monetary growth has been 5% and the average inflation rate has been 5%, everything else held constant, when the Federal Reserve announces that the new rate of monetary growth will be 10%, the adaptive
expectation forecast of the inflation rate is A) 5%.
B) between 5 and 10%.
C) 10%.
D) more than 10%.
A
Economics
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A decrease in the unemployment rate will shift the PPF outward from the origin
a. True b. False Indicate whether the statement is true or false
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Which of the following is true of the money multiplier? a. The higher the value of the required reserve ratio, the higher the value of the money multiplier. b. The higher the value of the required reserve ratio, the lower the value of the money multiplier. c. The higher the value of deposits in banks, the lower the value of the money multiplier
d. The higher the value of deposits in banks, the higher the value of the money multiplier.
Economics