This topic contains a solution. Click here to go to the answer

Author Question: According to the short-run Phillips curve, if unemployment is 2.4 and inflation is 3.7, a decrease ... (Read 28 times)

theo

  • Hero Member
  • *****
  • Posts: 698
According to the short-run Phillips curve, if unemployment is 2.4 and inflation is 3.7, a decrease in the inflation rate might result in which of the following?
 
  A) an increase in the unemployment rate to 3.4
  B) a decrease in the unemployment rate to 3.0
  C) a decrease in the demand for labor in the economy
  D) Both A and C are correct answers.

Question 2

The Bretton Woods exchange rate system was a
 
  A) fixed exchange rate system. B) floating exchange rate system.
  C) flexible exchange rate system. D) managed float exchange rate system.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

D

Answer to Question 2

A




theo

  • Member
  • Posts: 698
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library