A Downward Shift in the Fed's Reaction Function Is Equivalent

question 136

Multiple Choice

A downward shift in the Fed's reaction function is equivalent to:

• A)a decline in the Fed's long-term target for inflation.
• B)an increase in the Fed's long-term target for inflation.
• C)an upward shift of short-run aggregate supply.
• D)a downward shift of short-run aggregate supply.

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Maximum Number

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Sentence Length

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De-Emphasizing Bad News

The technique of downplaying negative information or news to minimize impact or disappointment.

Cash Refunds

Monetary reimbursements given to customers for the return of products, often as a return policy of retail businesses.