According to New Keynesians, an Increase in Which of the Following

question 319

Multiple Choice

According to New Keynesians, an increase in which of the following will tend to cause the inflation rate to increase?

• A) anticipated future inflation
• B) firms' average inflation adjusted per-unit costs of production
• C) an unexpected increase in aggregate demand
• D) all of the above

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Definitions:

Secondary Storage

Technology that can store very large amounts of data for extended periods.

Data

Information collected, stored, and used for analysis or processing; can be quantitative or qualitative.

Program Instructions

Detailed steps and rules that tell a computer or system how to perform specific tasks or operations.

Primary Storage

The main storage area in a computing device, such as RAM, which is directly accessible by the CPU and stores data and applications currently in use.