« previous next »

Author Question: Even if expectations of inflation are rational, sluggish adjustment of wages and prices will still ... (Read 101 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
Even if expectations of inflation are rational, sluggish adjustment of wages and prices will still create a short-run trade-off between inflation and unemployment.
 
  Indicate whether the statement is true or false

Question 2

In the dynamic aggregated demand and aggregate supply model, inflation occurs if
 
  A) SRAS shifts faster than AD. B) AD shifts slower than SRAS.
  C) LRAS shifts faster than AD. D) AD shifts faster than SRAS.


janeli1

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Observable Universe Before and After Inflation Observable Universe Before and After Inflation
Socrates's commitment to rational inquiry lived on through his disciples and became the ... Socrates's commitment to rational inquiry lived on through his disciples and became the ...
The Milestones of Adjustment Post-Psychosis model outlines a four-phase trajectory from a psychotic ... The Milestones of Adjustment Post-Psychosis model outlines a four-phase trajectory from a psychotic ...
How to solve any rational equation by factoring (Part 1) How to solve any rational equation by factoring (Part 1)
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Psychology for Living: Adjustment, Growth, and Behavior Today 11th Psychology for Living: Adjustment, Growth, and Behavior Today 11th
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library