In the New Keynesian Model,the Immediate Effect on Inflation of an Anticipated

question 57

Multiple Choice

In the new Keynesian model,the immediate effect on inflation of an anticipated aggregate demand shock is ________.

• A)less than if that event was unanticipated
• B)greater than if that event was unanticipated
• C)the same as would develop if that event was unanticipated
• D)independent of whether or not that event is anticipated or unanticipated

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Definitions:

Peremptory Challenge

In a jury trial, the right of the plaintiff and the defendant in jury selection to reject, without stating a reason, a certain number of potential jurors who appear to have an unfavorable bias.

Challenge for Cause

The legal right in jury selection for the defense or prosecution to request the removal of a juror based on specified reasons that suggest partiality or incompetence.

Jury Selection

The process of choosing jurors who will serve on a trial jury from a pool of candidates.

Minitrial

A type of conflict resolution in which lawyers for each side present their arguments to a neutral adviser, who then offers an opinion as to what the verdict would be if the case went to trial. This decision is not binding.