Author Question: The Phillips curve illustrates the relationship between: a. change in the money supply and change ... (Read 53 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
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

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

d

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library