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Author Question: When the price of oil rises unexpectedly, the equilibrium price level ________ and the unemployment ... (Read 119 times)

ARLKQ

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on: Jun 29, 2018
When the price of oil rises unexpectedly, the equilibrium price level ________ and the unemployment rate ________ in the short run.
 
  A) rises; falls B) falls; rises C) falls; falls D) rises; rises

Question 2

In the short run, the Federal Reserve can affect which of the following?
 
  A) the growth rate of real GDP in the economy B) the inflation rate
  C) the unemployment rate D) all of the above


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durant1234

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

D

Answer to Question 2

D


ARLKQ

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

kusterl

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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