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Author Question: The long-run Phillips curve shows the relationship between ________ and ________ when the economy is ... (Read 60 times)

Medesa

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on: Jun 29, 2018
The long-run Phillips curve shows the relationship between ________ and ________ when the economy is at full employment.
 
  A) the inflation rate; the nominal interest rate
  B) the unemployment rate; real GDP
  C) potential GDP; the natural unemployment rate
  D) the inflation rate; the unemployment rate
  E) the natural inflation rate; the unemployment rate

Question 2

Maximum employment and moderate long-term interest rates are best achieved with
 
  A) price stability.
  B) high and variable inflation rates.
  C) high real interest rates.
  D) high and stable inflation rates.
  E) high short-term interest rates.


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rosiehomeworddo

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

D

Answer to Question 2

A


Medesa

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Reply 2 on: Jun 29, 2018
:D TYSM

kjohnson

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Reply 3 on: Yesterday
Excellent

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