A Central Bank Sets Out to Reduce Unemployment by Changing

question 69

Multiple Choice

A central bank sets out to reduce unemployment by changing the money supply growth rate.The long-run Phillips curve shows that in comparison to their original rates,this policy will eventually lead to

• A)an increase in both the inflation rate and the unemployment rate.
• B)an increase in the inflation rate and a reduction in the unemployment rate.
• C)no change in either the inflation rate or the unemployment rate.
• D)an increase in the inflation rate and no change in the unemployment rate.

---

Definitions:

American Medical Informatics Association

A professional organization dedicated to the development and application of medical informatics in the support of patient care, teaching, research, and health care policy.

Special Delivery Notations

Markings or instructions on a package or letter that specify handling or delivery requirements.

Certified Mail

A mailing service offering the sender a receipt and digital confirmation of either successful delivery or an attempt to deliver an item.

Negative Reference Group

A group with which an individual identifies but wants to avoid belonging to due to its negative characteristics or values.