A Structural Stagnationist's Criticism of Unconventional Monetary Policy Is That

question 83

Multiple Choice

A structural stagnationist's criticism of unconventional monetary policy is that:

• A)it kept the economy from making necessary structural adjustments.
• B)the Fed would run out of reserves to infuse in the economy.
• C)it would create goods inflation that would only accelerate.
• D)it made banks correct their balance sheets too quickly.

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Definitions:

Labor Cost

The total amount of money that a business pays to its employees, a significant component of the overall production cost.

Domestic Output

The sum of all products and services generated inside a nation's boundaries.

Migration

The movement of people from one place to another with the intentions of settling, permanently or temporarily, in a new location.

Labor

Human effort used in production which can also include physical and mental effort.