Which of the following might cause an upward shift of the modern ...

[sabina]

Which of the following might cause an upward shift of the modern Phillips curve?
 
  A) an increase in oil prices
  B) an increase in the price of imports
  C) wage agreements that include compensation for inflation
  D) all of the above
  E) none of the above

Question 2

The principal reason(s) that so much U.S. currency is held outside the U.S is (are) ________.
 
  A) many people around the world trust the U.S. dollar more than any other currency
  B) banks all around the world find it convenient to hold large amounts of U.S. dollars
  C) U.S. citizens and corporations spend a lot of dollars abroad
  D) all of the above
  E) none of the above

[Christopher]

Answer to Question 1

D

Answer to Question 2

A

[sabina]

Correct answers!

[Christopher]

Great! Please up vote