The following are to answer true/false/uncertain. Put uncertain only if the question requires more info to be answered. 1. High nominal interest rates indicate that monetary policy is tight.
The following are to answer true/false/uncertain. Put uncertain only if the question requires more info to be answered. 1. High nominal interest rates indicate that monetary policy is tight.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The following are to answer true/false/uncertain. Put uncertain only if the question requires more info to be answered.
1. High nominal interest rates indicate that
2. Unexpected inflation is attractive to the government if it has outstanding nominal debt.
3. John Maynard Keynes focused on the lack of perceived investment opportunities as a major cause of lack of aggregate demand.
4. Monetary policy operates through many channels, and therefore it is very difficult to determine which channel is more important.
5.
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