Author Question: Along a short-run Phillips curve, the A) long-run cost of lower inflation is higher unemployment. ... (Read 36 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
Along a short-run Phillips curve, the
 
  A) long-run cost of lower inflation is higher unemployment.
  B) short-run cost of lower unemployment is higher inflation.
  C) short-run cost of lower inflation is higher interest rates.
  D) short-run cost of higher inflation is a higher real interest rate.
  E) short-run benefit of lower unemployment is lower inflation.

Question 2

A decrease in expected future income leads to a
 
  A) leftward shift of the supply of loanable funds curve.
  B) leftward shift of the demand for loanable funds curve.
  C) rightward shift of the demand for loanable funds curve.
  D) downward movement along the supply of loanable funds curve.
  E) rightward shift of the supply of loanable funds curve.



bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

B

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library