This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The slope of the short-run Phillips curve is consistent with: a. the long-run trade-off between the ... (Read 62 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The slope of the short-run Phillips curve is consistent with:
 a. the long-run trade-off between the unemployment rate and inflation.
  b. the long-run trade-off between inflation and GDP.
  c. the short-run trade-off between the money supply and interest rates.
  d. the short-run trade-off between business productivity and wage contracts.
  e. the short-run trade-off between the unemployment rate and inflation.

Question 2

If a nonbinding price ceiling is imposed on a market, then the
 a. quantity sold in the market will decrease.
 b. quantity sold in the market will stay the same.
  c. price in the market will increase.
 d. price in the market will decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stano32

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Red-bellied short-necked turtle Red-bellied short-necked turtle
The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Three Pieces of the Long-Term Weight-Loss Puzzle Diet Three Pieces of the Long-Term Weight-Loss Puzzle Diet
Bacteria growth curve Bacteria growth curve
Long bone formation Long bone formation
Video: Hip Animation

For a complete list of videos, visit our video library