The over hunting of U.S. buffalo that nearly caused their ...

[Hungry!]

The over hunting of U.S. buffalo that nearly caused their extinction would be an example of the tragedy of the commons.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Movements up along a particular short run Phillips curve are not consistent with:
 a. Increases in aggregate demand.
 b. Movements up along the short run aggregate supply curve.
 c. Shifting inflationary expectations.
 d. Movements up along a particular short run Phillips curve are consistent with all of the above.

[GCabra]

Answer to Question 1

True

Answer to Question 2

c