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Author Question: The short-run Phillips curve is downward sloping but the long-run is a vertical line. a. True b. ... (Read 47 times)

karen

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on: Jun 30, 2018
The short-run Phillips curve is downward sloping but the long-run is a vertical line.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

When a country follows an inward-oriented strategy, it tends to produce:
 a. only tertiary goods.
  b. goods in which it has an absolute advantage.
  c. only labor-intensive goods.
  d. goods for which no export barriers exist.
  e. goods that replace foreign manufactured products.


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orangecrush

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

True

Answer to Question 2

e


karen

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Reply #2 on: Jun 30, 2018
Correct answers!


orangecrush

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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