This topic contains a solution. Click here to go to the answer

Author Question: A decrease in expected inflation will A) increase the natural rate of unemployment. B) shift the ... (Read 165 times)

stock

  • Hero Member
  • *****
  • Posts: 573
A decrease in expected inflation will
 
  A) increase the natural rate of unemployment. B) shift the short-run Phillips curve to the left.
  C) shift the long-run Phillips curve to the left. D) reduce real wages.

Question 2

The maximum price that a buyer is willing to pay for a good measures his
 
  A) producer surplus. B) willingness to pay. C) consumer surplus. D) marginal benefit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

B




stock

  • Member
  • Posts: 573
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

 

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.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library