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Author Question: The curve showing the short-run relationship between the ________ and the ________ is called the ... (Read 65 times)

jhjkgdfhk

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on: Jun 29, 2018
The curve showing the short-run relationship between the ________ and the ________ is called the Phillips curve.
 
  A) unemployment rate; inflation rate B) exchange rate; real interest rate
  C) price level; real GDP D) nominal interest rate; real interest rate

Question 2

Refer to Figure 24-2. Ceteris paribus, an increase in workers and firms adjusting to having previously underestimated the price level would be represented by a movement from
 
  A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.


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Andromeda18

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


jhjkgdfhk

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

jamesnevil303

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Reply 3 on: Yesterday
Excellent

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