The question Should economics majors or sociology majors earn ...

[WhattoUnderstand]

The question Should economics majors or sociology majors earn more after they graduate? is an example of a ________ question.
 
  A) what
  B) how
  C) for whom
  D) where
  E) why

Question 2

As the economy moves upward along its aggregate supply curve, the economy also moves upward along its short-run Phillips curve. Is the previous statement correct or incorrect? Briefly explain your answer.
 
  What will be an ideal response?

[anoriega3]

Answer to Question 1

C

Answer to Question 2

The statement is correct. As the economy moves upward along its aggregate supply curve, the price level rises so that there is inflation. And as the economy moves upward along its aggregate supply curve, real GDP increases so that the unemployment rate decreases. Therefore moving upward along the aggregate supply curve is associated with inflation and lower unemployment, which is what we see when we move along the short-run Phillips curve.