This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The key to understanding the short-run trade-off behind the Phillips curve is that an increase in ... (Read 28 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
The key to understanding the short-run trade-off behind the Phillips curve is that an increase in inflation will decrease unemployment if the inflation is ________ by both workers and firms.
 
  A) ignored B) perfectly predicted C) expected D) unexpected

Question 2

An increase in government purchases, ceteris paribus, will
 
  A) increase public saving. B) reduce investment.
  C) increase the supply of loanable funds. D) reduce real GDP.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anton

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


lunatika

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Blood PH Curve Hemoglobin Blood PH Curve Hemoglobin
The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Young children\'s understanding of an actor\'s intentions Young children\'s understanding of an actor\'s intentions
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library