Author Question: Both the long-run and the short-run Phillips curves shift if A) the expected inflation rate ... (Read 111 times)

KWilfred

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Both the long-run and the short-run Phillips curves shift if
 
  A) the expected inflation rate changes.
  B) the expected unemployment rate changes.
  C) the natural unemployment rate changes.
  D) expected real GDP changes.
  E) the actual inflation rate changes.

Question 2

A negative externality imposes a burden or cost on others.
 
  Indicate whether the statement is true or false



ryrychapman11

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Answer to Question 1

C

Answer to Question 2

TRUE



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