If the Fed Wants to Reverse the Effects of an Adverse

question 185

Multiple Choice

If the Fed wants to reverse the effects of an adverse supply shock on unemployment, it should

• A)increase the money supply growth rate, which raises the inflation rate.
• B)increase the money supply growth rate, which reduces the inflation rate.
• C)decrease the money supply growth rate, which raises the inflation rate.
• D)decrease the money supply growth rate, which reduces the inflation rate.

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Definitions:

Narrative Job Analysis

A qualitative method of job analysis where a job is described through storytelling to capture detailed information about job duties and requirements.

Functional Job Analysis

A method for analyzing jobs by identifying the tasks performed, the skills required, and the relationship of the job to other jobs.

Task-Analysis Inventory

A detailed examination and breakdown of tasks to understand their components, requirements, and processes, often used to improve efficiency or for job training.

Fleishman Job-Analysis

A method used to identify the abilities needed to perform a job effectively by assessing a range of job-related tasks.