In the early 1980s,the disinflation in the United States
A) was accompanied by rapidly growing deficits.
B) was costless in terms of output and employment effects.
C) was the result of a well-publicized expansionary monetary policy.
D) did not result in a severe recession.
Correct Answer:
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Q36: Which of the following would be evidence
Q37: Which of the following statements is (are)correct?
Q38: Regarding fiscal policy,the new classical economists
A)are in
Q39: According to the new classical model,the output
Q40: The theory of rational expectations states that
A)expected
Q42: Keynesians would argue that:
A)information is inherently limited.
B)individuals
Q43: "Policy ineffectiveness" refers to the hypothesis that
Q44: According the Lucas' misperception model,when prices unexpectedly
Q45: According to Lucas' misperception theory,countries with higher
Q46: Which of the following statements is (are)correct?
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