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Author Question: The Phillips Curve will shift when A) the overall employment rate remains unchanged. B) the ... (Read 90 times)

debasdf

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The Phillips Curve will shift when
 
  A) the overall employment rate remains unchanged.
  B) the expected inflation rate changes.
  C) the price level falls.
  D) none of the above.

Question 2

The main effect of a decrease in labor demand that arises from a decrease in capital stock is
 
  A) lower real wages. B) shifts in unemployment.
  C) a need for fewer immigrant workers. D) companies make fewer profits.


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Edwyer

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