Chapter: Trade Cycle
201.

In the long run, inflation is caused by

A. aggressive labour unions.
B. greedy monopolists.
C. growth in the money supply.
D. global warming.
Answer» C. growth in the money supply.
202.

in order to influence spending on goods and services in the short-run, monetary policy is directed at directly influencing...

A. unemployment rates.
B. inflation rates.
C. interest rates.
D. economic growth rates.
Answer» B. inflation rates.
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