Suppose that the economy experiences an increase in the inflation ...

[Anajune7]

Suppose that the economy experiences an increase in the inflation rate at the same time that the unemployment rate decreases. This situation indicates a:
 a. shift in the Phillips curve.
  b. movement along a vertical Phillips curve.
  c. movement along a horizontal Phillips curve.
  d. movement along a positively-sloped Phillips curve.
  e. movement along a negatively-sloped Phillips curve.

Question 2

Losers from inflation include:
 a. savers and borrowers.
  b. landlords and the government.
  c. borrowers and the government.
  d. those on a fixed income and borrowers.
  e. those on a fixed income and savers.

[anoriega3]

Answer to Question 1

e

Answer to Question 2

e

[Anajune7]

Thanks for the timely response, appreciate it

[T4T]

Excellent