This topic contains a solution. Click here to go to the answer

Author Question: When an economy experiences a recession there is A) a rightward shift of the short-run Phillips ... (Read 44 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
When an economy experiences a recession there is
 
  A) a rightward shift of the short-run Phillips curve.
  B) a leftward shift of the short-run Phillips curve.
  C) no change in the short-run Phillips curve.
  D) a downward movement along the short-run Phillips curve.
  E) an upward movement along the short-run Phillips curve.

Question 2

Monetary policy decisions are made by the
 
  A) Federal Open Market Committee.
  B) Federal Reserve Economic Committee.
  C) Congress of the United States.
  D) U.S. Mint.
  E) Council of Economic Advisors.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

D

Answer to Question 2

A




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library