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Author Question: What is a structural relationship? A) a relationship that depends on the basic behavior of ... (Read 120 times)

serike

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What is a structural relationship?
 
  A) a relationship that depends on the basic behavior of consumers and firms and remains unchanged over long periods
  B) any relationship that cannot be anticipated
  C) a relationship that depends on the size of firm investments in capital such as buildings and other structures
  D) a relationship between any two variables that is temporary

Question 2

According to the short-run Phillips curve, which of the following would result in low rates of unemployment?
 
  A) a higher inflation rate B) weak increases in aggregate supply
  C) a lower inflation rate D) weak increases in aggregate demand



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jesse.fleming

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Answer to Question 1

A

Answer to Question 2

A




serike

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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