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Author Question: Higher than expected inflation rate: a. shifts short-run Phillips curve to the right. b. shifts ... (Read 67 times)

jparksx

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Higher than expected inflation rate:
 a. shifts short-run Phillips curve to the right.
 b. shifts long-run Phillips curve to the right.
 c. shifts both short-run and long-run Phillips curve to the right.
  d. shifts short-run Phillips curve to the left.

Question 2

If foreign firms send profits back to their industrial countries from the developing countries, developing countries will have a larger deficit on their balance of payments accounts.
 a. True
  b. False
  Indicate whether the statement is true or false



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janeli1

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Answer to Question 1

a

Answer to Question 2

True




jparksx

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


EAN94

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

 

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