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Author Question: With limited exceptions, all Israeli citizens over the age of 18 are required to serve in the ... (Read 96 times)

abarnes

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on: Jun 29, 2018
With limited exceptions, all Israeli citizens over the age of 18 are required to serve in the Israeli military. This is an example of
 
  A) compulsory volunteerism.
  B) coalition building.
  C) bargaining.
  D) eminent domain.

Question 2

What does the short-run Phillips curve indicate about the tradeoff between inflation and unemployment?
 
  What will be an ideal response?


scottmt

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

A

Answer to Question 2

Because the slope of the short-run Phillips curve is negative, the short-run Phillips curve indicates that a tradeoff between inflation and unemployment exists. Lower inflation can be obtained, but the price is higher unemployment. Similarly, lower unemployment is possible but the price is higher inflation.


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