« previous next »

Author Question: When the natural unemployment rate ________, the short-run Phillips curve shifts ________ and the ... (Read 123 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
When the natural unemployment rate ________, the short-run Phillips curve shifts ________ and the long-run Phillips curve shifts ________.
 
  A) increases; rightward; rightward
  B) increases; rightward; leftward
  C) decreases; rightward; rightward
  D) decreases; leftward; rightward
  E) increases; leftward; leftward

Question 2

Sammy has a drone that he values at 1,500. Dean values the same drone at 2,000. Sammy decides to sell the drone to Dean for 1,800. What is the total cooperative surplus gained as a result of this trade?
 
  A) 0
  B) 200
  C) 300
  D) 500


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Boundaries within landscapes created by human activity (background) and natural environmental gradie Boundaries within landscapes created by human activity (background) and natural environmental gradie
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
When a Tornado Strikes: Social Organization Following a Natural Disaster When a Tornado Strikes: Social Organization Following a Natural Disaster
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
The age-adjusted rate of melanoma, a deadly form of skin cancer, from 1973 to 2000. Over that time p The age-adjusted rate of melanoma, a deadly form of skin cancer, from 1973 to 2000. Over that time p
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Aneurysm

For a complete list of videos, visit our video library