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Author Question: Economists who argue that the AScurve is vertical in the long run at potential GDP also argue that ... (Read 123 times)

chads108

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on: Apr 19, 2019

Question 1

If the measured unemployment rate is 8% and the natural unemployment rate is 3%, then


◦ frictional unemployment is 5%.
◦ cyclical unemployment is 5%.
◦ frictional unemployment is 11%.
◦ structural unemployment is 11%.

Question 2

Economists who argue that the 
AS curve is vertical in the long run at potential GDP also argue that the Phillips curve in the long run is


◦ vertical at the natural rate of unemployment.
◦ upward sloping.
◦ downward sloping.
◦ horizontal at the natural rate of inflation.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by chads108 on Apr 19, 2019

sylvia

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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chads108

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

ebonylittles

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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