ECON 291 Midterm: ECON 291 Exam 1 2006

96 views2 pages

Document Summary

If you are uncertain about what any question is asking, it is your responsibility to ask us. Many of these questions have correct answers that are short. Don"t waste time answering questions that are not asked. Speci cally: who receives it, who pays it, how is it transferred, at any point in time the bank of canada has announced a target for the overnight interest rate and a target for the in ation rate. Brie y (a sentence or two) explain why this is the case: the natural rate of unemployment is the unemployment rate that would hold under a neutral monetary policy, and is determined by microeconomic factors in the labour market. Identify one speci c factor that is likely to a ect the natural rate of unemployment. 2 longer questions - 10 minutes/26 points each: describe the great in ation. 2: identify one explanation that has been proposed for why monetary policymakers allowed the great.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents

Related Questions