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Author Question: According to the natural rate hypothesis: a. a short-term as well as long-term trade-off exists ... (Read 152 times)

mwit1967

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on: Jun 30, 2018
According to the natural rate hypothesis:
 a. a short-term as well as long-term trade-off exists between unemployment and inflation.
 b. economic fluctuations are the result of external negative and positive productivity shocks to the economy
 c. workers and consumers incorporate the likely consequences of government policy changes into their expectations by quickly adjusting wages and prices.
  d. the economy will self-correct to the natural rate of unemployment.

Question 2

Countries that have a large number of embassies, have memberships to international organizations, and participate in UN peace missions would be categorized under _____ globalization.
 a. cultural
  b. social
  c. political
  d. economic
  e. ethical


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phuda

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


mwit1967

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Reply #2 on: Jun 30, 2018
Thank you :)


phuda

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Reply #3 on: Jun 30, 2018
Happy to help you


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