Solved

Prime Minister Emma Bigshot Urges Passage of a Bill to Reduce

Question 145

Multiple Choice

Prime Minister Emma Bigshot urges passage of a bill to reduce unemployment benefits from very generous levels in her country.She also urges her country's central bank to raise the rate at which the money supply is increasing.In the long run which,if either,of these policies will reduce the unemployment rate?


A) both reducing the generosity of unemployment benefits and raising the rate at which the money supply is increasing
B) reducing the generosity of unemployment benefits but not raising the rate at which the money supply is increasing
C) raising the rate at which the money supply is increasing,but not reducing the generosity of unemployment benefits
D) neither reducing the generosity of unemployment benefits nor raising the rate at which the money supply is increasing

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents