Author Question: Moving along a short-run Phillips curve, a reduction in the unemployment rate is achieved by A) ... (Read 85 times)

Bernana · **on:** Jun 29, 2018

Moving along a short-run Phillips curve, a reduction in the unemployment rate is achieved by

A) reducing the size of the labor force.
B) shifting the aggregate supply curve leftward.
C) increasing potential GDP.
D) running a federal budget deficit.
E) increasing the inflation rate.

Question 2

Even when transactions are facilitated with money, imports are paid for by exports.

Indicate whether the statement is true or false