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Author Question: Structures in the economy increase aggregate demand when the economy is in recession and decrease ... (Read 100 times)

silviawilliams41

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on: Jun 30, 2018
Structures in the economy increase aggregate demand when the economy is in recession and decrease aggregate demand when the economy is inflationary are known as:
 a. tax transfers.
  b. inventory investment.
  c. accelerators.
  d. depreciation.
  e. automatic stabilizers.

Question 2

Which of the following correctly describes the Phillips curve?
 a. A curve showing the inverse relationship between interest rates and the quantity of money demanded.
  b. A curve showing the direct relationship between interest rates and the quantity of money demanded.
  c. A curve showing the direct relationship between the inflation rate and the unemployment rate.
 d. A curve showing the inverse relationship between the inflation rate and the unemployment rate.


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perkiness

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

e

Answer to Question 2

d


silviawilliams41

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Reply 2 on: Jun 30, 2018
Excellent

irishcancer18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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