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Author Question: If actual inflation is greater than expected inflation, A) the unemployment rate rises. B) the ... (Read 96 times)

Mr.Thesaxman

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on: Jun 29, 2018
If actual inflation is greater than expected inflation,
 
  A) the unemployment rate rises. B) the Phillips curve is a vertical line.
  C) real wages fall. D) real wages rise.

Question 2

Under a floating exchange rate, the exchange rate
 
  A) is determined by the interaction of supply of the currency and demand for the currency.
  B) is controlled by central bank intervention.
  C) is pegged against the euro.
  D) will change whenever the price of gold changes.


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djofnc

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Mr.Thesaxman

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

strudel15

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Reply 3 on: Yesterday
Excellent

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