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valputin valputin
wrote...
Posts: 5754
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8 years ago
When the economy suffers a permanent negative supply shock and the central bank does not respond by changing the autonomous component of monetary policy, then
A) inflation will not change.
B) output will be at its potential.
C) output will be lower.
D) inflation will be lower.
E) both B and C.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 160 times
3 Replies
Our course uses > The Economics of Money, Banking and Financial Markets

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Replies
wrote...
8 years ago
E
valputin Author
wrote...
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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