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Title: The "time inconsistency" argument is that a downward shift of the short-run Phillips ...
Post by: Scribs on Jul 27, 2017
The "time inconsistency" argument is that a downward shift of the short-run Phillips Curve, which comes about with a ________ of inflationary expectations, is more likely when monetary policy ________.
A) lowering, follows a rigid rule
B) lowering, is at the discretion of policymakers
C) raising, follows a rigid rule
D) raising, is at the discretion of policymakers


Title: Re: The "time inconsistency" argument is that a downward shift of the short-run Phillips ...
Post by: supersuineg on Jul 27, 2017
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Title: Re: The "time inconsistency" argument is that a downward shift of the short-run Phillips ...
Post by: Scribs on Nov 8, 2017
This took a huge load off my back this semester