This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What does a vertical Phillips curve in the long run imply? a. In the long run, the rate of ... (Read 90 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 30, 2018
What does a vertical Phillips curve in the long run imply?
 a. In the long run, the rate of unemployment will converge toward zero.
  b. Higher inflation does not permanently reduce the rate of unemployment.
  c. Higher inflation increases the rate of unemployment.
 d. Higher inflation lowers the rate of unemployment.

Question 2

Generally, there is a strong positive correlation between per capita GNP and other measures of human development.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaylee05

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 30, 2018
Gracias!

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually
Exercise increases the heart rate. Exercise increases the heart rate.
Local/long distance cell Signaling Local/long distance cell Signaling
Long-Term Potentiation Long-Term Potentiation
Homeschooling has come a long way. These children are performing in a musical at the annual ... Homeschooling has come a long way. These children are performing in a musical at the annual ...
Stretch the flexor muscles with hyperextension at the wrist. Hold the forearm vertical with one ... Stretch the flexor muscles with hyperextension at the wrist. Hold the forearm vertical with one ...
Video: Role of complement proteins

For a complete list of videos, visit our video library