Author Question: The Phillips curve illustrates the relationship between: a. change in the money supply and change ... (Read 19 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
The Phillips curve illustrates the relationship between:
 a. change in the money supply and change in unemployment.
  b. tax rates and tax revenues.
  c. the equilibrium level of income and the employment rate.
  d. inflation and unemployment.

Question 2

Full employment, which is always expected to occur, consists of the frictionally and cyclically unemployed.
 a. True
  b. False
  Indicate whether the statement is true or false



Jordin Calloway

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

For a complete list of videos, visit our video library