Posted: December 12th, 2016

Which of the following accurately portrays the shape of the long run Phillips curve?

Wages tend to be stickier when _______.

Which of the following accurately portrays the shape of the long run Phillips curve?

The notion that the real quantity of money is always at its long run equilibrium level is associated with the _______ model of the price level.
The inflation tax is ______.
The real inflation tax is equal to _______.

The government debt is monetized when the ______.

Seignorage is _______.

Which of the following is TRUE concerning interest rates?

There is a zero bound to which of the following interest rates?

The liquidity trap occurs when ______.