« previous next »

Author Question: If the economy is producing at potential GDP, A) the Phillips curve must be positively sloped. ... (Read 26 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
If the economy is producing at potential GDP,
 
  A) the Phillips curve must be positively sloped.
  B) unemployment is at its natural rate.
  C) inflation in the economy is at its natural rate.
  D) the short-run aggregate supply curve must be vertical.

Question 2

The opportunity cost of being unemployed tends to be the highest in which of the following countries?
 
  A) Canada B) France
  C) the United Kingdom D) the United States


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

The resting membrane potential. The resting membrane potential.
Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
The age-dependent curve of salivary progresterone levels in three populations. The age-dependent curve of salivary progresterone levels in three populations.
This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
Refractory periods associated with an action potential. Refractory periods associated with an action potential.
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library