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Author Question: The curve that shows the relationship between inflation and unemployment when the economy is at full ... (Read 57 times)

meagbuch

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on: Jun 29, 2018
The curve that shows the relationship between inflation and unemployment when the economy is at full employment is the
 
  A) aggregate supply curve.
  B) long-run Phillips curve.
  C) long-run Okun's curve.
  D) aggregate demand curve.
  E) short-run Phillips curve.

Question 2

In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve.
 
  Given these curves, there is a government budget ________ and therefore the real interest rate is ________ than it would be otherwise.
  A) deficit; lower
  B) surplus; lower
  C) deficit; higher
  D) surplus; higher
  E) deficit; not different


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wtf444

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

B

Answer to Question 2

B


meagbuch

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Reply 2 on: Jun 29, 2018
:D TYSM

irishcancer18

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Reply 3 on: Yesterday
Excellent

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