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Author Question: Higher than expected inflation rate: a. shifts short-run Phillips curve to the right. b. shifts ... (Read 168 times)

jparksx

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on: Jun 30, 2018
Higher than expected inflation rate:
 a. shifts short-run Phillips curve to the right.
 b. shifts long-run Phillips curve to the right.
 c. shifts both short-run and long-run Phillips curve to the right.
  d. shifts short-run Phillips curve to the left.

Question 2

If foreign firms send profits back to their industrial countries from the developing countries, developing countries will have a larger deficit on their balance of payments accounts.
 a. True
  b. False
  Indicate whether the statement is true or false


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janeli1

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


jparksx

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Excellent

ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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