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Author Question: Suppose that the economy experiences an increase in the inflation rate at the same time that the ... (Read 13 times)

Anajune7

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on: Jun 30, 2018
Suppose that the economy experiences an increase in the inflation rate at the same time that the unemployment rate decreases. This situation indicates a:
 a. shift in the Phillips curve.
  b. movement along a vertical Phillips curve.
  c. movement along a horizontal Phillips curve.
  d. movement along a positively-sloped Phillips curve.
  e. movement along a negatively-sloped Phillips curve.

Question 2

Losers from inflation include:
 a. savers and borrowers.
  b. landlords and the government.
  c. borrowers and the government.
  d. those on a fixed income and borrowers.
  e. those on a fixed income and savers.


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anoriega3

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

e

Answer to Question 2

e


Anajune7

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Reply 2 on: Jun 30, 2018
Excellent

bigcheese9

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Reply 3 on: Yesterday
:D TYSM

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