« previous next »

Author Question: Even if expectations of inflation are rational, sluggish adjustment of wages and prices will still ... (Read 87 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
Even if expectations of inflation are rational, sluggish adjustment of wages and prices will still create a short-run trade-off between inflation and unemployment.
 
  Indicate whether the statement is true or false

Question 2

In the dynamic aggregated demand and aggregate supply model, inflation occurs if
 
  A) SRAS shifts faster than AD. B) AD shifts slower than SRAS.
  C) LRAS shifts faster than AD. D) AD shifts faster than SRAS.


janeli1

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

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

Observable Universe Before and After Inflation Observable Universe Before and After Inflation
The Milestones of Adjustment Post-Psychosis model outlines a four-phase trajectory from a psychotic ... The Milestones of Adjustment Post-Psychosis model outlines a four-phase trajectory from a psychotic ...
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Share of Human Capital in Wages in Developing Countries Share of Human Capital in Wages in Developing Countries
Psychology for Living: Adjustment, Growth, and Behavior Today 11th Psychology for Living: Adjustment, Growth, and Behavior Today 11th
Rational please Rational please
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library