An Unanticipated Shift to a More Expansionary Macro-Policy That Leads

question 10

Multiple Choice

An unanticipated shift to a more expansionary macro-policy that leads to a higher-than-expected rate of inflation will

• A) place downward pressure on prices.
• B) temporarily reduce unemployment.
• C) temporarily reduce output.
• D) temporarily reduce the natural rate of unemployment.

---

Definitions:

Canadian Charter of Rights and Freedoms

A foundational legal document in Canada that guarantees fundamental freedoms and rights to its citizens under the constitution.

Live and Work Anywhere

A contemporary work arrangement enabled by technology and globalization, allowing professionals to perform their tasks from virtually any location.

Discriminate in Recruiting

Unfair treatment of job applicants based on race, gender, age, or other protected characteristics.

Separate Policies

Distinct guidelines or regulations within an organization that address specific issues or areas, rather than being combined into a single, comprehensive policy document.