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Author Question: Which of the following would move the economy down and to the right along a short run Phillips ... (Read 76 times)

jazziefee

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Which of the following would move the economy down and to the right along a short run Phillips Curve?
 a. Increases in the required reserve ratio by the Fed.
 b. Increases in taxes by the federal government.
 c. Increases in the interest rate that the Fed pays on bank reserves.
 d. All of the above.

Question 2

A quality-of-life index measures absolute poverty levels.
 a. True
  b. False
  Indicate whether the statement is true or false



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Eazy416

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Answer to Question 1

d

Answer to Question 2

False





 

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