Which of the Following Would Tend to Shorten Recessions Associated

question 11

Multiple Choice

Which of the following would tend to shorten recessions associated with anti-inflation policies of the Federal Reserve?

• A)People adjust their expectations of inflation slowly.
• B)People believe policy announcements made by Fed officials.
• C)The short-run Phillips curve does not shift immediately.
• D)All of the above are correct.

---

Definitions:

Electroconvulsive Therapy

A medical treatment involving electrical stimulation of the brain under anesthesia, typically used for severe depression.

Repetitive Transcranial Magnetic Stimulation

A non-invasive procedure that uses magnetic fields to stimulate nerve cells in the brain to treat depression and other conditions.

Seizures

Abrupt involuntary electrical activity in the brain leading to alterations in actions, physical movements, emotions, and awareness levels.

Dual-action Drugs

Medications designed to target multiple pathways or mechanisms of disease simultaneously, often to improve efficacy or reduce side effects.