Author Question: Refer to Table 17.1. The unemployment rate for this simple economy is A) 6. B) 10. C) 20. D) ... (Read 94 times)

colton

  • Hero Member
  • *****
  • Posts: 627
Refer to Table 17.1. The unemployment rate for this simple economy is
 
  A) 6.
  B) 10.
  C) 20.
  D) 25.

Question 2

Along a short-run Phillips curve when the inflation rate rises,
 
  A) the real wage rate falls and more labor is hired.
  B) the expected inflation rate falls.
  C) the expected inflation rate rises.
  D) the money wage rate falls because the labor market becomes less tight.
  E) potential GDP decreases.



ecox1012

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

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library