If the central bank targets a rate of nominal GDP growth, then it would have to _____ money growth when nominal GDP fell below its target in order to _____ inflation and ____ real GDP

a. increase; increase; increase
b. increase; decrease; decrease
c. decrease; decrease; decrease
d. decrease; decrease; increase

A

Economics

You might also like to view...

Plurality voting ________ the ideal voting-system criteria.

A. fails one of B. meets all C. fails all of D. fails two of

Economics

Assume that Dusty has $30 in income, the price of a loaf of bread is $1.50, and the price of a jar of peanut butter is $3. If Dusty's income rises to $45, Dusty can now buy a maximum of ________ loaves of bread or a maximum of ________ jars of peanut butter.

A. 15; 30 B. 30; 15 C. 5; 25 D. 10; 40

Economics