This topic contains a solution. Click here to go to the answer

Author Question: If actual inflation is less than expected inflation, which of the following will be true? A) The ... (Read 54 times)

amal

  • Hero Member
  • *****
  • Posts: 572
If actual inflation is less than expected inflation, which of the following will be true?
 
  A) The Phillips curve will be a vertical line. B) Real wages will fall.
  C) The unemployment rate will fall. D) Real wages will rise.

Question 2

Fiscal policy is determined by
 
  A) Congress and the Federal Reserve. B) Congress and the president.
  C) the president and the Federal Reserve. D) the Federal Reserve.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

polinasid

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

D

Answer to Question 2

B




amal

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
Excellent


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library