The MP Curve ________

question 2

Multiple Choice

The MP Curve ________.

• A)demonstrates how central banks respond to changes in inflation with changes in the interest rate
• B)shows how changes in interest rates affect equilibrium output
• C)explains short run fluctuations in output and inflation
• D)all of the above
• E)none of the above

---

Definitions:

Unconditional Assignment

A legal transfer of all rights and interests in a policy or contract to another party without any conditions.

Obligor

An individual or entity legally bound to provide a payment or perform a service under the terms of a contract.

Defenses

Legal reasons or arguments that can be used by a defendant to challenge a lawsuit in court.

Obligee

One to whom an obligation is owed.