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

Author Question: What can be concluded from Milton Friedman and Edmund Phelps' expectations-augmented Phillips curve? ... (Read 41 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
What can be concluded from Milton Friedman and Edmund Phelps' expectations-augmented Phillips curve?
 
  A) that there is no long run tradeoff between unemployment and inflation
  B) that there is a short run tradeoff between unemployment and inflation
  C) that there are two types of Phillips curves
  D) all of the above
  E) none of the above

Question 2

Which of the following is not a reason for the Ricardian equivalence theorem to fail to hold?
 
  A) tax distortions
  B) people can borrow from the government.
  C) finite-lived people.
  D) credit market imperfections.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


rl

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Oxygen dissociation curve Oxygen dissociation curve
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Dose-response curve with threshold Dose-response curve with threshold
Bacteria growth curve Bacteria growth curve
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library