This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The long-run Phillips curve: a. is horizontal. b. is the same as the short-run Phillips curve. c. ... (Read 117 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 30, 2018
The long-run Phillips curve:
 a. is horizontal.
  b. is the same as the short-run Phillips curve.
  c. displays a positive relationship rather than an inverse relationship.
  d. is exponential.
  e. is vertical.

Question 2

If the consumer price index (CPI) in Year 1 was 200 and the CPI in Year 2 was 215, the rate of inflation was:
 a. 215 percent.
  b. 15 percent.
  c. 5 percent.
  d. 7.5 percent.
  e. 8 percent.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chereeb

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


anshika

  • Member
  • Posts: 510
Reply 2 on: Jun 30, 2018
Wow, this really help

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
Gross Anatomy of a Long Bone Gross Anatomy of a Long Bone
Associative Long-Term Potentiation Associative Long-Term Potentiation
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Hockey stick” curve Hockey stick” curve
The Hotair long noncoding RNA regulates chromatin The Hotair long noncoding RNA regulates chromatin
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library