Menu costs in relation to inflation refers to ?

Related Mcqs:

If inflation is 8 percent and the real interest rate is 3 percent, then the nominal interest rate must be ?

A. 3/8 percent B. 5 percent C. 11 percent D. 24 percent...

If workers and firms agree on an increase in wages based on their expectations of inflation and inflation turns out to be more than they expected ?

A. none of these answers B. Workers will gain at the expense of firms C. neither workers nor firms will gain because the increase in wages in fixed in the labor agreement D. firms will gain at the expense of workers....

Inflation ?

A. Reduce the cost of living B. Reduce the standard of living C. Reduce the price of products D. Reduce the purchasing power of a rupee...

An increase in aggregate demand is more likely to lead to demand pull inflation if ?

A. Aggregate supply is perfectly elastic B. Aggregate supply is Perfectly inelastic C. Aggregate supply is unit elastic D. Aggregate supply is relatively elastic...

According to the Phillips curve unemployment will return to the natural rate when ?

A. Nominal wages are equal to expected wages B. Real wages are back at equilibrium level C. Nominal wages are growing faster than inflation D. Inflation is higher than the growth of nominal wages...