« previous next »

Author Question: An increase in frictional unemployment will A) shift the long-run Phillips curve to the right. ... (Read 80 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
An increase in frictional unemployment will
 
  A) shift the long-run Phillips curve to the right.
  B) shift the short-run Phillips curve to the right.
  C) increase the natural rate of unemployment.
  D) All of the above are correct.
  E) None of the above is correct.

Question 2

Suppose the economy is at full employment and firms become more optimistic about the future profitability of new investment. Which of the following will happen in the short run?
 
  A) The aggregate demand curve will shift to the left.
  B) Output will decline.
  C) Unemployment will decline.
  D) Prices will decline.


yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
Long-range forecasts Long-range forecasts
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
How Long Do You Ovulate After Your Period? How Long Do You Ovulate After Your Period?
Video: Mitochondrial Structure & ETC Protein Complexes (Protein Complexes and Electron Transport)

For a complete list of videos, visit our video library