Advocates of incomes policy believe inflation is caused by:
A) an excessive growth in the money supply.
B) an excessive growth in aggregate demand.
C) ineffective unions.
D) excessive monopoly power.
Correct Answer:
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Q56: Incomes policy attempts to control inflation by:
A)
Q57: According to the quantity theory of money:
A)
Q58: Which of the following statements is correct?
A)
Q59: The most appropriate policy to deal with
Q60: Economists feel that incomes policy, if successful
Q62: Suppose that economic actors correctly anticipate the
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Q64: Decreasing the money supply will cause:
A) an
Q65: If you wish to measure price changes
Q66: Suppose the economy is currently suffering from
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