Economics · Macroeconomics
Match LIST-I with LIST-II with reference to economic policies and theoretical consequences: LIST-ILIST-IIA. Expansionary monetary policy under Adaptive ExpectationsI. Policy is ineffective with only general inflation.B. Anticipated expansionary monetary policy under Rational ExpectationsII. Policy is ineffective with only general deflation.C. Money wage cut during Great DepressionIII. Policy is effective in the short run, although not in the long run.D. The presence of sizeable menu costsIV. Policy is effective with no general inflation / deflation. Choose the correct match from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A - III, B - I, C - IV, D - II
- 2A - III, B - I, C - II, D - IV✓
- 3A - II, B - I, C - III, D - IV
- 4A - I, B - II, C - III, D - IV
Correct answer
A - III, B - I, C - II, D - IV
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Macroeconomics MCQs →Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics