If the inflation rate is decreasing while unemployment is ...

[biggirl4568]

If the inflation rate is decreasing while unemployment is decreasing:
 a. the short-run Phillips curve must have shifted right.
 b. the short-run Phillips curve must have shifted left.
 c. it involved a movement along the short-run Phillips curve.
 d. it would be inconsistent with any possible Phillips curve scenario.

Question 2

While using an outward-oriented development strategy, the government in Taiwan did not make any attempt to stimulate exports.
 a. True
  b. False
  Indicate whether the statement is true or false

[kiamars2010]

Answer to Question 1

b

Answer to Question 2

False