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Author Question: If actual inflation is less than expected inflation, which of the following will be true? A) The ... (Read 91 times)

amal

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on: Jun 29, 2018
If actual inflation is less than expected inflation, which of the following will be true?
 
  A) The Phillips curve will be a vertical line. B) Real wages will fall.
  C) The unemployment rate will fall. D) Real wages will rise.

Question 2

Fiscal policy is determined by
 
  A) Congress and the Federal Reserve. B) Congress and the president.
  C) the president and the Federal Reserve. D) the Federal Reserve.


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polinasid

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

D

Answer to Question 2

B


amal

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

emsimon14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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