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Author Question: During a recession, there is a(n) ________ the short-run Phillips curve, while during an expansion ... (Read 74 times)

bcretired

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During a recession, there is a(n) ________ the short-run Phillips curve, while during an expansion there is a(n) ________ the short-run Phillips curve.
 
  A) upward movement along; downward movement along
  B) movement closer to; movement further from
  C) downward movement along; upward movement along
  D) leftward shift of; rightward shift of
  E) rightward shift of; leftward shift of

Question 2

An increase in wealth ________ saving supply, and the supply of loanable funds curve ________.
 
  A) does not change; does not shift
  B) decreases; shifts rightward
  C) increases; shifts rightward
  D) increases; shifts leftward
  E) decreases; shifts leftward



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courtney_bruh

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Answer to Question 1

C

Answer to Question 2

E




bcretired

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Reply 2 on: Jun 29, 2018
Excellent


mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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