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Author Question: When the natural unemployment rate ________, the short-run Phillips curve shifts ________ and the ... (Read 113 times)

tth

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  • Posts: 579
on: Jun 29, 2018
When the natural unemployment rate ________, the short-run Phillips curve shifts ________ and the long-run Phillips curve shifts ________.
 
  A) increases; rightward; rightward
  B) increases; rightward; leftward
  C) decreases; rightward; rightward
  D) decreases; leftward; rightward
  E) increases; leftward; leftward

Question 2

Sammy has a drone that he values at 1,500. Dean values the same drone at 2,000. Sammy decides to sell the drone to Dean for 1,800. What is the total cooperative surplus gained as a result of this trade?
 
  A) 0
  B) 200
  C) 300
  D) 500


karlss

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  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


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