Author Question: The curve showing the short-run relationship between the unemployment rate and the inflation rate is ... (Read 85 times)

magmichele12 · **on:** Jun 29, 2018

The curve showing the short-run relationship between the unemployment rate and the inflation rate is called

A) the Phillips curve. B) the monetary policy curve.
C) the unemployment curve. D) the Sargent curve.

Question 2

Evidence shows that many people who delay searching for a job for a year or longer after they are laid off

A) find that they have little to no chance to find new employment after being unemployed for so long.
B) find it easier to find new employment than if they had searched for a new job soon after they were laid off.
C) find that the extra unemployment benefits they receive during their extended period of unemployment more than make up for the difficulty in finding a job once they decide to re-enter the workforce.
D) find it more difficult to find new employment than if they had searched for a new job soon after they were laid off.