During 2009, a Country Wants to Reduce Its Inflation Rate

question 169

Multiple Choice

During 2009, a country wants to reduce its inflation rate while maintaining its unemployment rate at its natural unemployment rate.To achieve these goals, the government should

• A) announce a credible increase in the inflation rate.
• B) announce a credible slowdown in the inflation rate.
• C) surprise the public with an increase in the inflation rate.
• D) surprise the public with a decrease in the inflation rate.
• E) announce a credible slowdown in the inflation rate and then actually increase the inflation rate.

---

Definitions:

Generation Y

Also known as Millennials, the demographic cohort following Generation X, typically born between the early 1980s and mid-1990s.

Generation Z

Refers to the demographic cohort following millennials, typically born between the late 1990s and early 2010s.

Cultural Ageism

Discrimination or prejudice against individuals based on their age, particularly within cultural contexts or practices, leading to stereotypes and marginalization.

Ephebophobic

Having an irrational fear of youth or young people.