The Period from 1979 to 1987 Is an Example of

question 121

Multiple Choice

The period from 1979 to 1987 is an example of

• A)the large effect monetary policy can have on potential GDP.
• B)how monetary policy can be managed so it causes only a temporary growth slowdown.
• C)why monetary policy doesn't always work.
• D)how monetary policy brings about disinflation.
• E)how monetary policy results in reinflation.

---

Definitions:

Government-provided Health Insurance

Health insurance schemes funded and managed by the government to offer medical coverage to its citizens.

Insurance Exchanges

Government-regulated markets for health insurance in which individuals seeking to purchase health insurance to comply with the personal mandate of the Patient Protection and Affordable Care Act (PPACA) of 2010 will be able to comparison shop among insurance policies approved by regulators. Each state will have its own exchange.

Government-set Standards

Regulations established by government bodies to ensure quality, safety, and fairness in the production, provision, or use of goods and services.

Efficiency Loss

The loss of economic efficiency that occurs when the competitive equilibrium in a market is not achieved or is distorted.