If the Central Bank Targets a Rate of Nominal GDP

question 34

Multiple Choice

If the central bank targets a rate of nominal GDP growth,then it would have to _____ money growth when nominal GDP fell below its target in order to _____ inflation and ____ real GDP.

• A)increase; increase; increase
• B)increase; decrease; decrease
• C)decrease; decrease; decrease
• D)decrease; decrease; increase

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Definitions:

Sex and Gender

The distinction between sex, a biological categorization based on anatomy and genetics, and gender, a social and cultural construct related to behaviors, roles, expectations, and identity.

Socially Agreed-upon

Pertains to norms, values, or standards that have been collectively accepted and recognized by a society or community.

Biological Criteria

Standards or characteristics derived from biological processes used to classify and define living organisms.

Transsexual

A person who undergoes sex reassignment, which may include surgeries.