A) a reduction in inflation.
B) a simultaneous reduction in inflation and reduction in unemployment.
C) a liquidity trap.
D) reduction in the price level and a reduction in the unemployment rate.
E) none of the above
B) a simultaneous reduction in inflation and reduction in unemployment.
C) a liquidity trap.
D) reduction in the price level and a reduction in the unemployment rate.
E) none of the above
ANSWER:
E) none of the above