The proposition that the Fed should concentrate on price stability rather than reducing unemployment is
A) generally accepted by politicians, although few economists accept this proposal.
B) largely accepted by most economists, although politicians do not agree.
C) highly debatable because many do not agree that price stability should be the most important goal.
D) simply incorrect, and no one accepts this idea anymore.
Correct Answer:
Verified
Q35: According to the theory of rational expectations,
Q192: Which of the following terms refers to
Q193: Policies to lower the natural rate of
Q194: The theory of rational expectations says that
A)workers
Q196: When the aggregate supply curve shifts adversely,
Q198: The suggestion that the Fed concentrate only
Q199: Most economists think that, in the short
Q200: Contractual provisions based on indexing are also
Q201: What are some of the possible ways
Q202: What is the effect of supply-side inflation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents