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Author Question: A.H. Phillips developed the Phillips curve concept by looking at the relationship between: a. ... (Read 75 times)

stevenposner

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on: Jun 30, 2018
A.H. Phillips developed the Phillips curve concept by looking at the relationship between:
 a. inflation and unemployment.
 b. wages and employment.
 c. wage inflation and monetary policy.
  d. inflation and output.

Question 2

Which of the following is likely to be a benefit of foreign investment in a developing country?
 a. Domestic firms are subjected to foreign competition
  b. Labor-intensive industries grow quickly
  c. New technology is adapted
  d. The natural rate of unemployment falls to zero
  e. The rate of inflation declines


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dreamfighter72

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

a

Answer to Question 2

c


stevenposner

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Reply 2 on: Jun 30, 2018
Excellent

helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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