Reduced macroeconomic variability in the U.S. since the 1981 has all of the following benefits EXCEPT:
A) improving market functioning.
B) making business planning easier.
C) reducing resources devoted to managing inflation risks.
D) allowing the Fed to pursue accommodating policy.
Correct Answer:
Verified
Q1: Most economists believe that the reduced variability
Q4: Starting from full employment at the initial
Q5: The second round increase in inflation following
Q6: Shocks to aggregate demand _ require the
Q7: Starting from full employment at the initial
Q11: To prevent inflation from becoming permanently higher
Q11: Shocks to aggregate demand _ require the
Q12: Shocks to _ require the Fed to
Q16: Following an adverse inflation shock, the economy
Q17: Policymakers'use of stabilization policy to eliminate output
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