Multiple Choice
The expansionary monetary and fiscal policies of the 1960s resulted in
A) high inflation rates and high rates of unemployment.
B) low inflation rates and low rates of unemployment.
C) low inflation rates and high rates of unemployment.
D) high inflation rates and low rates of unemployment.
Correct Answer:
Verified
Related Questions
Q92: What is the NAIRU?
A)the natural accelerating inflation
Q93: A decrease in the expected inflation rate
