A decrease the Price of foreign oil ?

Related Mcqs:

The misery index Which some commentators suggest measures the health of the economy, is ?

A. The sum of the growth rate of output and the inflation rate B. The sum of the natural rate of unemployment and the actual rate of unemployment C. The sum of the inflation rate and the central bank’s refinancing rate D. The sum of the unemployment rate and the inflation rate...

Refer to Exhibit 6. Suppose the economy is Operating in long-run equilibrium at point E. In the long run a monetary contraction will move the economy in the direction of point ?

A. F B. a C. H D. I...

If the sacrifice ratio is five, a reduction in inflation from 7 percent to 3 percent would require ?

A. a reduction in output of 20 percent B. a reduction in output of 5percent C. a reduction in output of 15 percent D. a reduction in output of 35 percent...

If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-run result would be ?

A. an increase in the level of output B. a decrease in the unemployment rate C. an increase in the rate of inflation D. All of these answers...

The original Phillips curve illustrates ?

A. the trade-off between inflation and unemployment B. The trade-off between output and unemployment C. The positive relationship between output and unemployment D. The positive relationship between inflation and unemployment...