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Author Question: According to economist Milton Friedman, a. the short-term validity of the Phillips curve is ... (Read 88 times)

mckennatimberlake

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on: Jun 30, 2018
According to economist Milton Friedman,
 a. the short-term validity of the Phillips curve is questionable.
 b. there might be a short-term trade-off between unemployment and inflation but not a permanent trade-off.
  c. trade-off happens between unemployment and inflation happens in the long run but not in the short run.
  d. the long-run trade-off between unemployment and inflation comes from unanticipated inflation.

Question 2

Corruption reduces growth most directly because governments invest in projects with low productivity.
 a. True
  b. False
  Indicate whether the statement is true or false


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frankwu0507

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


mckennatimberlake

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
:D TYSM

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