The Choice Between Hawk and Dove Positions Depends on

question 8

Multiple Choice

The choice between hawk and dove positions depends on

• A) the extent of cyclical unemployment at the time of the decision
• B) relative importance of short-run and long-run monetary considerations
• C) cooperation between Congress and the monetary authorities
• D) the frequency of negative supply shocks
• E) the Fed's relative concern for price and employment stability

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Definitions:

Gender Egalitarianism

A belief in or the practice of promoting equal rights, responsibilities, and opportunities for all genders.

Power Distance

A cultural dimension that describes the extent to which individuals in a society accept and expect power to be distributed unequally.

Humane Orientation

Describes a cultural dimension reflecting the degree to which a society encourages and rewards individuals for being fair, altruistic, friendly, generous, caring, and kind.

Institutional Collectivism

The degree to which organizational and societal cultural practices encourage and reward collective distribution of resources and collective action.