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Author Question: A country reports that its inflation rate and unemployment rate have both increased. These changes ... (Read 108 times)

beccaep

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on: Jun 29, 2018
A country reports that its inflation rate and unemployment rate have both increased. These changes could be the result of
 
  A) a movement downward along the short-run Phillips curve.
  B) a movement upward along the short-run Phillips curve.
  C) a downward shift of the short-run Phillips curve.
  D) an upward shift of the short-run Phillips curve.
  E) a leftward shift of the long-run Phillips curve.

Question 2

When playing a game, a pure strategy refers to
 
  A) a strategy that does not allow any players to cheat.
  B) the best possible strategy that can be played, given other players' strategies.
  C) using the same strategy time after time.
  D) the only possible winning strategy.


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Jody Vaughn

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

D

Answer to Question 2

C


beccaep

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Reply #2 on: Jun 29, 2018
Correct answers!


Jody Vaughn

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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