If expected inflation increases, which of the following shifts right?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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If expected inflation increases,
which of the following shifts
right?
a.
b.
C.
d.
the long-run but not
the short-run Phillips
curve
both the short-run
and the long-run
Phillips curves
the short-run but not
the long-run Phillips
curve
neither the long-run
nor the short-run
Phillips curve
Transcribed Image Text:If expected inflation increases, which of the following shifts right? a. b. C. d. the long-run but not the short-run Phillips curve both the short-run and the long-run Phillips curves the short-run but not the long-run Phillips curve neither the long-run nor the short-run Phillips curve
If the interest rate is above the
Fed's target, the Fed should
a.
b.
C.
d.
buy bonds to
decrease the money
supply.
sell bonds to increase
the money supply.
buy bonds to increase
the money supply.
sell bonds to decrease
the money supply.
Transcribed Image Text:If the interest rate is above the Fed's target, the Fed should a. b. C. d. buy bonds to decrease the money supply. sell bonds to increase the money supply. buy bonds to increase the money supply. sell bonds to decrease the money supply.
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