« previous next »

Author Question: When the natural unemployment rate ________, the short-run Phillips curve shifts ________ and the ... (Read 116 times)

tth

  • Hero Member
  • *****
  • 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

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
Red-bellied short-necked turtle Red-bellied short-necked turtle
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Oil and Natural Gas Transportation Oil and Natural Gas Transportation
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library