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Author Question: If inflationary expectations decrease, the Phillips curve will (Read 71 times)

roselinechinyere27m

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Question 1

If the 
AS curve shifts from year to year, but the 
AD curve does not, then the Phillips curve would show


◦ a positive relationship between the inflation and unemployment rates.
◦ a negative relationship between the inflation and unemployment rates.
◦ no particular relationship between the inflation and unemployment rates.
◦ a constant trade-off between the inflation and unemployment rates.

Question 2

If inflationary expectations decrease, the Phillips curve will


◦ shift to the right.
◦ shift to the left.
◦ become vertical.
◦ become upward sloping.


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Marked as best answer by roselinechinyere27m on Apr 19, 2019

peilian

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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peilian

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