Author Question: For the short-run Phillips curve to remain relatively stable, then changes in real GDP must occur ... (Read 53 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
For the short-run Phillips curve to remain relatively stable, then changes in real GDP must occur primarily as a result of shifts in:
 a. changes in aggregate demand.
 b. changes in real wages caused by changes in the supply of labor.
  c. changes in inflationary expectations.
 d. changes in aggregate supply.

Question 2

The First World is made up of communist nations.
 a. True
  b. False
  Indicate whether the statement is true or false



Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

a

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library