Allied ecn151 Module 6 Check Your Understanding
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Question
Question Points
1. The inflation rate is measured as the percentage change in a price index.
a. True
b. False
2. If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors.
a. True
b. False
3. Members of the Board of Governors are appointed by the President of the U.S. and confirmed by the U.S. Senate.
a. True
b. False
4. The evidence from hyperinflations indicates that money growth and inflation:
a. are positively related, which is consist...
- Exam (elaborations)
- • 6 pages's •
-
Allied ECN151 Module 6 Check Your Understanding•Allied ECN151 Module 6 Check Your Understanding
Preview 1 out of 6 pages
Question
Question Points
1. The inflation rate is measured as the percentage change in a price index.
a. True
b. False
2. If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors.
a. True
b. False
3. Members of the Board of Governors are appointed by the President of the U.S. and confirmed by the U.S. Senate.
a. True
b. False
4. The evidence from hyperinflations indicates that money growth and inflation:
a. are positively related, which is consist...
Question
Question Points
1. The inflation rate is measured as the percentage change in a price index.
a. True
b. False
2. If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors.
a. True
b. False
3. Members of the Board of Governors are appointed by the President of the U.S. and confirmed by the U.S. Senate.
a. True
b. False
4. The evidence from hyperinflations indicates that money growth and inflation:
a. are positively related, which is consist...
- Exam (elaborations)
- • 6 pages's •
-
Allied ecn151 Module 6 Check Your Understanding•Allied ecn151 Module 6 Check Your Understanding
Preview 1 out of 6 pages
Question
Question Points
1. The inflation rate is measured as the percentage change in a price index.
a. True
b. False
2. If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors.
a. True
b. False
3. Members of the Board of Governors are appointed by the President of the U.S. and confirmed by the U.S. Senate.
a. True
b. False
4. The evidence from hyperinflations indicates that money growth and inflation:
a. are positively related, which is consist...