• 2022-05-29
    Which of the following is FALSE?
    A: in the long run, a central bank can effectively limit inflation
    B: in the long run, a central bank can do fairly little to stimulate real GDP
    C: in the long run, monetary policy has no effect on nominal GDP
    D: unless inflation is very high, stimulating the economy does more to enhance economic welfare than controlling inflation
    E: a central bank can lower the inflation rate but only by allowing for a loss in real GDP, at least in the short run
  • 举一反三