Which of the Following Is Consistent with Constant Inflation: Expected

question 24

Multiple Choice

Which of the following is consistent with constant inflation: expected future inflation of ________,output-gap inflation of ________,and supply-shock inflation ________.

• A)2%; 2%; 2%
• B)2%; 0%; -2%
• C)2%; 0%; 0%
• D)1%; 1%; 1%
• E)0%; 0%; -2%

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Definitions:

Crowdsourcing

Outsourcing aspects of a decision process to a large collection of people.

Open Innovation

An approach to innovation that stresses the importance of collaboration with external partners and the exchange of knowledge to spur creativity and new developments.

External Sources

Information or inputs that come from outside an organization or individual's immediate environment.

Open Innovation

A business model that encourages sharing ideas and improvements among diverse organizations, communities, or individuals to drive technology and product development.