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 189 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
:D TYSM


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library