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Author Question: In the United States, the observed Phillips curve is A) unstable over time. B) stable over time. ... (Read 64 times)

biggirl4568

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on: Jun 30, 2018
In the United States, the observed Phillips curve is
 
  A) unstable over time.
  B) stable over time.
  C) never discernible.
  D) not a curve, but a straight line.

Question 2

A Phillips curve is
 
  A) the correlation between money growth and the inflation rate.
  B) the negative correlation between the unemployment rate and the vacancy rate.
  C) the positive observed correlation between the inflation rate and the nominal interest rate.
  D) an observed positive correlation between the inflation rate and some measure of aggregate economic activity.


mariahkathleeen

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

A

Answer to Question 2

D


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