This topic contains a solution. Click here to go to the answer

Author Question: Refer to Figure 28-4. Consider the shift in the short-run Phillips curves shown in the above graph. ... (Read 118 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
Refer to Figure 28-4. Consider the shift in the short-run Phillips curves shown in the above graph. This shift may be explained by
 
  A) either an increase in the natural rate of unemployment from 5.0 to 6.2 percent or an increase in the expected rate of inflation from 4.0 to 5.5 percent.
  B) an increase in the expected rate of inflation from 4.0 to 5.5 percent.
  C) an increase in the natural rate of unemployment from 5.0 to 6.2 percent.
  D) None of the above is correct.

Question 2

When a foreign investor buys a bond issued in the United States
 
  A) the balance on the capital account increases. B) the balance on the current account increases.
  C) the balance of trade increases. D) the balance on the financial account increases.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

D





 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

For a complete list of videos, visit our video library