Author Question: The Phillips curve illustrates the relationship between: a. change in the money supply and change ... (Read 55 times)

biggirl4568

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The Phillips curve illustrates the relationship between:
 a. change in the money supply and change in unemployment.
  b. tax rates and tax revenues.
  c. the equilibrium level of income and the employment rate.
  d. inflation and unemployment.

Question 2

Full employment, which is always expected to occur, consists of the frictionally and cyclically unemployed.
 a. True
  b. False
  Indicate whether the statement is true or false



Jordin Calloway

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Answer to Question 1

d

Answer to Question 2

False



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