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Author Question: The long-run Phillips curve is consistent with a. a negative relationship between unemployment ... (Read 52 times)

danielfitts88

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The long-run Phillips curve is consistent with
 
  a. a negative relationship between unemployment and the rate of expected inflation.
  b. the expected real wage being equal to the actual real wage.
  c. the actual price level being equal to the expected price level.
  d. no relationship between inflation and unemployment.
  e. all of the above except a.

Question 2

Between the end of the Civil War and the beginning of World War I, the U.S. economy was not able to effectively absorb the millions of immigrants it received.
 
  Indicate whether the statement is true or false



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Jordin Calloway

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Answer to Question 1

E

Answer to Question 2

False




danielfitts88

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Reply 2 on: Jun 30, 2018
Excellent


AmberC1996

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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