2.Because it excludes food and energy prices, _______ inflation is more stable than _______ inflation. Multiple Choice headline; core core; nominal nominal; core core; headline
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2.Because it excludes food and energy prices, _______ inflation is more stable than _______ inflation.
Multiple Choice
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headline; core
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core; nominal
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nominal; core
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core; headline
4.
During a bout of hyperinflation, suppose the country of Weimar announces it will be rolling out a new currency, the Weimar Mark, which is worth 1 million Marks. Neutrality of money suggests this change will:
Multiple Choice
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only change core inflation.
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not influence prices in the overall economy.
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None of these are true.
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dramatically decrease real wealth.
5.
The relationship between the money supply, output, and the overall price level is illustrated by the:
Multiple Choice
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aggregate price level.
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neutrality of money.
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classical theory of inflation.
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measure of real output.
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