If inflation becomes a serious problem, a Monetarist-oriented President is likely to favor a policy emphasizing
A) slower monetary growth.
B) lower interest rates.
C) higher taxes.
D) wage and price controls.
A
Economics
You might also like to view...
Which of the following is not a characteristic of cost-push inflation?
A. Falling unemployment B. Falling real output C. Automatically self-limiting D. Rising general price level
Economics
The production function relates
A. the output price to factors of production. B. factors of production to profit. C. wages to labor employed. D. factor prices to output prices. E. factors of production to total output.
Economics