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.

Create visual representations of data using histograms.

Generate and interpret bar graphs for individual and comparative data analysis.

Construct and interpret line graphs for trend analysis over time.

Develop and analyze comparative bar graphs for parallel comparison of different data sets.

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