If expected inflation rises, the long-run Phillips curve will A) become negatively sloped. B) ...

Author Question: If expected inflation rises, the long-run Phillips curve will A) become negatively sloped. B) ... (Read 134 times)

go.lag

Hero Member
Posts: 667

on: Jun 29, 2018

If expected inflation rises, the long-run Phillips curve will

A) become negatively sloped. B) shift to the left.
C) shift to the right. D) not be affected.

Question 2

Refer to Scenario 25-2. As a result of Kristy's deposit, Bank A's required reserves increase by

A) 2,000. B) 8,000. C) 10,000. D) 50,000.

nekcihc358

Sr. Member
Posts: 327

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

A

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