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Author Question: The long-run Phillips curve shows the relationship between A) real GDP and the natural ... (Read 63 times)

Melani1276

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

Question 2

The higher the federal funds rate, the ________ the opportunity cost of holding reserves, which ________ the incentive to economize on reserves.
 
  A) lower; increases
  B) lower; decreases
  C) higher; decreases
  D) lower; does not change
  E) higher; increases


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AISCAMPING

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

D

Answer to Question 2

E


Melani1276

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
Wow, this really help

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