If the short-run Phillips curve has a very shallow (or flat) ...

[neverstopbelieb]

If the short-run Phillips curve has a very shallow (or flat) slope,
 a. the self-correcting mechanism cannot work.
 b. the structural deficit will grow in a recession.
 c. the structural deficit will fall in a recession.
 d. the inflation costs of reducing unemployment are fairly low.

Question 2

The predominant source of multilateral aid is:
 a. the European Community.
  b. the United Nations.
  c. the Agency for International Development.
  d. the World Bank.
  e. the British government.

[briezy]

Answer to Question 1

d

Answer to Question 2

d