« previous next »

Author Question: If the economy is producing at potential GDP, A) the Phillips curve must be positively sloped. ... (Read 81 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jun 29, 2018
If the economy is producing at potential GDP,
 
  A) the Phillips curve must be positively sloped.
  B) unemployment is at its natural rate.
  C) inflation in the economy is at its natural rate.
  D) the short-run aggregate supply curve must be vertical.

Question 2

The opportunity cost of being unemployed tends to be the highest in which of the following countries?
 
  A) Canada B) France
  C) the United Kingdom D) the United States


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Plant cell water potential. Plant cell water potential.
The ovaries. In addition to producing ova, the ovaries secrete the female sex hormones, estrogen and The ovaries. In addition to producing ova, the ovaries secrete the female sex hormones, estrogen and
How many potential risks to the health of the embryo and fetus might a mother encounter in an urban ... How many potential risks to the health of the embryo and fetus might a mother encounter in an urban ...
Characteristics of a Neuron at Rest and During the Different Phases of an Action Potential Characteristics of a Neuron at Rest and During the Different Phases of an Action Potential
A Tough Economy ...for students A Tough Economy ...for students
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library