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Loraine Loraine
wrote...
Posts: 4563
7 years ago
To prevent demand-pull inflation,
A) firms must refuse to increase the money wage rate.
B) firms must refuse to increase the real wage rate.
C) the Fed must not let the quantity of money persistently rise.
D) the natural unemployment rate must increase.
E) real GDP must increase.
Textbook 

Essential Foundations of Economics


Edition: 7th
Authors:
Read 206 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
wrote...
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Posts: 3803
7 years ago
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wrote...
7 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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