« previous next »

Author Question: If the economy is producing at potential GDP, A) the Phillips curve must be positively sloped. ... (Read 28 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
If the economy is producing at potential GDP,
 
  A) the Phillips curve must be positively sloped.
  B) unemployment is at its natural rate.
  C) inflation in the economy is at its natural rate.
  D) the short-run aggregate supply curve must be vertical.

Question 2

The opportunity cost of being unemployed tends to be the highest in which of the following countries?
 
  A) Canada B) France
  C) the United Kingdom D) the United States


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Four Arch Curve Four Arch Curve
Men are more apt to say they are looking for a potential mate who is physically attractive, whereas ... Men are more apt to say they are looking for a potential mate who is physically attractive, whereas ...
The phases and ionic basis of an action potential. The phases and ionic basis of an action potential.
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Suggested Antibiotic Prophylaxis Regimens in Patients at Potential Increased Risk of Hematogenous ... Suggested Antibiotic Prophylaxis Regimens in Patients at Potential Increased Risk of Hematogenous ...
Transmission of the action potential Transmission of the action potential
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library