Which of the following events shifts the Phillips curve? A. An increase in taxes. B. An increase in government purchases. C. An increase in the money supply. D. More stringent anti-trust laws. (b) Which of the following unconventional monetary policy tools has the central bank of the United States, that is the Federal Reserve implemented so far? A. Direct monetary transfers to households. B. Negative nominal interest rates. C. The buying of stocks. D. The buying of corporate bonds.

Which of the following events shifts the Phillips curve? A. An increase in taxes. B. An increase in government purchases. C. An increase in the money supply. D. More stringent anti-trust laws. (b) Which of the following unconventional monetary policy tools has the central bank of the United States, that is the Federal Reserve implemented so far? A. Direct monetary transfers to households. B. Negative nominal interest rates. C. The buying of stocks. D. The buying of corporate bonds.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

classical economists a. argued that money supply determined aggregate demand b. believed that the quantity of money influences interest rates and real wages c. regarded monetary policy as unimportant since quantity of money does not determine price level. d. that prices would increase more than proportionate to an increase in money supply
According to Monetarists, what should the government do if unemployment is 4% and inflation is 12%? Select one: a. Decrease the supply of money b. Decrease government spending c. Raise taxes d. Do nothing e. Lower interest rates
Which theory of inflation says that inflation is caused mainly by money supply? a. Keynesian theory b. Brandt Theory c. Quantity theory d. Quality theory
Federal Reserve is the central bank of the United States. She conducts monetary policy with various tools.a. Many central banks share similar policy objectives. What are the objectives of the Federal Reserve? b. Suppose the Federal Reserve announces a “loose” monetary policy.What has to be done, traditionally, with an open market operation? Explain with reference to the money creation process
If the Bank of Canada wanted to reduce inflation, it could Select one: a. increase the reserve requirement or implement an open market sale. b. increase the reserve requirement or implement an open market purchase. c. decrease the reserve requirement or implement an open market purchase. d. decrease the reserve requirement or implement an open market sale.
part B
Solve this economic If the Fed is able to permanently reduce the inflation rate, households will eventually lower their expectation of the inflation rate. Once that happens, the Phillips curve will shift ________, and the Fed can return output to potential GDP by ________ the real interest rate.Select one: a)up; lowering b) up; raising c) down; raising d) down; lowering
What happens when a central bank pursues inflation targeting? A. The policy actions that central banks use to achieve the inflation target are kept secret. B. With inflation targeting, the United States would be more successful at achieving low and stable inflation. C. Many central banks achieve their inflation target at the expense of extremely high unemployment. D. The bank announces an explicit inflation target and the public is confident the bank's policy will achieve that target. thank you!!
Which of these methods to control inflation is related to monetary policy? a. setting price ceilings to key commodities b. reducing the money supply in the economy c. charging pollution fees on industries d. increasing tax rates and imposing new taxes
1) https://www.econlowdown.org/resource-gallery/monetary_policy_tools 2) https://www.wsj.com/articles/zimbabwe-money-aa13a052?mod=hp_featst_pos5 3) https://news.sky.com/video/jamaican-bank-releases-reggae-song-on-inflation-12058864 please I need a short summary of these articles.
a. According to the Misperceptions theory, what would be the effect of an unanticipated monetary expansion shock on real interest rate (r), real output (Y), and price level (P) in the short and in the long-run? Why? Explain with details.b. Does your answer change if the shock is expected/anticipated? Why? Show how.
Which of the following will most likely cause a change in the natural rate of unemployment? Select one: a. expansionary fiscal policy b. contractionary monetary policy c. contractionary monetary policy d. none of the other alternatives is correct e. expansionary monetary policy.