Policy makers at the Federal Reserve in the United States believe it takes a far bigger change in inflation to affect unemployment than it did 25 years ago.Now,when inflation fluctuates,they are more likely to blame other factors,such as the price of oil.This is an example of a(n)__________ environmental force.

Question

Quizplus · Accepted Answer

The question is referring to changes in the economic environment, specifically in the relationship between inflation and unemployment. Therefore, the best answer is E, economic environmental force. The other options (cultural, regulatory, competitive, and cost) are not relevant to the specific issue being discussed in the question.

Policy Makers at the Federal Reserve in the United States