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Author Question: The inverse trade-off between inflation and unemployment is known as the: a. Laffer curve. b. ... (Read 15 times)

kaid0807

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on: Jun 30, 2018
The inverse trade-off between inflation and unemployment is known as the:
 a. Laffer curve.
  b. aggregate supply curve.
  c. Phillips curve.
  d. aggregate demand curve.
  e. Keynesian curve.

Question 2

One way the consumer price index (CPI) differs from the GDP chain price index is that the CPI:
 a. uses current year quantities of goods and services.
  b. includes separate market baskets of goods and services for both base and current years.
  c. includes only goods and services bought by typical urban consumers.
  d. is bias free.


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dpost18

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

c

Answer to Question 2

c


kaid0807

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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