What sort of inflationary environment is most beneficial to the business outlook? Select an answer: one in which inflation fluctuates but generally decreases one in which inflation is low but increasing one in which inflation is high but decreasing one in which inflation is stable and predictable

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST4: Keynes And Hayek: Contrasting Views On Sound Economics And The Role Of Government
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What sort of inflationary environment is most beneficial to the business outlook?
Select an answer:
one in which inflation fluctuates but generally decreases
one in which inflation is low but increasing
one in which inflation is high but decreasing
one in which inflation is stable and predictable
You have made a plot of GDP versus year for the last years. Which category of impacts can you study
from such data?
Select an answer:
growth
costs
policy
jobs
Transcribed Image Text:What sort of inflationary environment is most beneficial to the business outlook? Select an answer: one in which inflation fluctuates but generally decreases one in which inflation is low but increasing one in which inflation is high but decreasing one in which inflation is stable and predictable You have made a plot of GDP versus year for the last years. Which category of impacts can you study from such data? Select an answer: growth costs policy jobs
A strong economy and a strong labor market lead to
Select an answer:
a seller's market for labor
high unemployment
wage deflation.
a buyer's market for labor
Transcribed Image Text:A strong economy and a strong labor market lead to Select an answer: a seller's market for labor high unemployment wage deflation. a buyer's market for labor
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