The Main Determinant of How Quickly Expected Inflation Adjusts to Changes

question 92

Multiple Choice

The main determinant of how quickly expected inflation adjusts to changes in monetary policy is

• A)the slope of the Phillips curve.
• B)the slope of the short-run aggregate supply curve.
• C)the credibility of the central bank.
• D)the degree of indexation in the economy.

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European Americans

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