Econometric Models of the U.S. Economy Generally Agree

question 2

Multiple Choice

Econometric models of the U.S. economy generally agree:

• A) that an increase in money growth will increase output in the short run.
• B) on the quantitative impact of monetary policy over a horizon of several years.
• C) that rational expectations is the best way to generate policy forecasts.
• D) that an increase in money growth will decrease output in the long run.
• E) that an increase in money growth will decrease output in the short run.

---

Definitions:

Bulimia Nervosa

A psychiatric eating disorder characterized by binge eating followed by inappropriate methods of weight control, such as vomiting or excessive exercise.

Binge Eating

The consumption of large quantities of food in a short period of time, often accompanied by feelings of loss of control.

Self-Induced Vomiting

A behavior commonly associated with eating disorders where individuals purposely vomit to control weight or relieve discomfort from overeating.

MyPlate Diagram

A visual tool developed by the USDA to help Americans understand and follow healthy eating patterns, replacing the food pyramid.