Mamihlapinatapai is a one-word summary of the volunteer's dilemma from
A) Buddhist monks in Thailand.
B) ancient Hawaii.
C) the Maasai tribe of Tanzania.
D) the Yaghan Indians.
Question 2
The natural rate hypothesis concludes that when the inflation rate increases, then in the long run there is
A) an upward movement along the short-run Phillips curve.
B) an upward shift of the short-run Phillips curve.
C) a downward shift of the short-run Phillips curve.
D) no change at all in the short-run Phillips curve.
E) a downward movement along the short-run Phillips curve.
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