Which Two Economic Conditions Challenged Assumptions of Activist Monetary Policy

question 79

Multiple Choice

Which two economic conditions challenged assumptions of activist monetary policy in the 1970s?

• A) increased aggregate demand and decreased short-run aggregate supply
• B) low inflation and low unemployment
• C) low inflation and high unemployment
• D) high inflation and high unemployment
• E) declining real gross domestic product (GDP)and high unemployment

---

Definitions:

Contemporary Organizations

Modern or current organizations characterized by their adoption of new technologies, organizational structures, and innovative management practices.

Leadership Traits

Characteristics or attributes demonstrated by effective leaders, such as integrity, empathy, resilience, and strategic thinking.

Intelligence

The ability to learn from experience, adapt to new situations, solve problems, and use knowledge to manipulate one's environment or think abstractly.

Relationship

Involves a connection or association between two or more entities based on social, professional, or emotional grounds.