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Question 44

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Use the following to answer questions
Figure: Policy Changes in the Short Run Use the following to answer questions  Figure: Policy Changes in the Short Run   -(Figure: Policy Changes in the Short Run) To move the economy in the short run from point b to point a,Fed policymakers implement _______ monetary policy,thereby accepting _______ to reduce ________. A)  expansionary;more unemployment;the rate of inflation B)  contractionary ;a higher rate of inflation;unemployment C)  expansionary;a higher rate of inflation;unemployment D)  contractionary;more unemployment;the rate of inflation
-(Figure: Policy Changes in the Short Run) To move the economy in the short run from point b to point a,Fed policymakers implement _______ monetary policy,thereby accepting _______ to reduce ________.


A) expansionary;more unemployment;the rate of inflation
B) contractionary ;a higher rate of inflation;unemployment
C) expansionary;a higher rate of inflation;unemployment
D) contractionary;more unemployment;the rate of inflation

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