Business
Business, 24.12.2019 23:31, tessa70

Tight monetary policy results in a long period of disinflation and high unemployment if:

a.

prices are flexible.

b.

market confidence is high.

c.

nominal wages are sticky.

d.

the monetary policy is credible.

answer
Answers: 2

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Tight monetary policy results in a long period of disinflation and high unemployment if:

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