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Author Question: If the inflation rate is decreasing while unemployment is decreasing: a. the short-run Phillips ... (Read 59 times)

biggirl4568

  • Hero Member
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  • Posts: 551
on: Jun 30, 2018
If the inflation rate is decreasing while unemployment is decreasing:
 a. the short-run Phillips curve must have shifted right.
 b. the short-run Phillips curve must have shifted left.
 c. it involved a movement along the short-run Phillips curve.
 d. it would be inconsistent with any possible Phillips curve scenario.

Question 2

While using an outward-oriented development strategy, the government in Taiwan did not make any attempt to stimulate exports.
 a. True
  b. False
  Indicate whether the statement is true or false


kiamars2010

  • Sr. Member
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  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


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