Author Question: If inflation is underestimated by decision makers in the economy when it is rising, the SRAS curve ... (Read 41 times)

james

  • Hero Member
  • *****
  • Posts: 573
If inflation is underestimated by decision makers in the economy when it is rising, the SRAS curve will tend to be:
 a. vertical.
 b. horizontal.
 c. downward sloping.
  d. upward sloping.

Question 2

_____ is the argument that with globalization, countries compete for international investment by offering low or no environmental regulations or labor standards.
 a. Free rider problem
  b. Tragedy of the commons
  c. Race to the bottom
  d. Flag of convenience
  e. Enlightened self-interest



laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

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

For a complete list of videos, visit our video library