Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ao9 Ao9
wrote...
Go to Answer
Posts: 1908
Rep: 1 0
8 years ago
If the central bank cannot commit, then
A) the inflation rate is higher than with commitment, and aggregate output is lower.
B) the central bank can permanently increase the quantity of real output.
C) money is neutral in the short run.
D) the inflation rate is higher than with commitment, but aggregate output is the same.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 205 times
3 Replies
Replies
Answer verified by a subject expert
GordisGordis
wrote...
#1
Top Poster
Posts: 1906
Rep: 25 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ao9 Author
wrote...
#2
8 years ago
Solved!!
wrote...
#3
8 years ago
Glad to help...
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1254 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 266
  
 1724
  
 253
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Who will win the 2024 president election?