A technology spillover occurs when one firm's research and ...

[ereecah]

A technology spillover occurs when one firm's research and production increase another firm's access to technological advances.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the short-run Phillips curve was a straight line with a very steep slope, the inflation costs of reducing unemployment:
 a. are fairly low.
 b. are fairly high.
 c. depend on the current rate of inflation.
 d. rises as the economy approaches full employment.

[macagnavarro]

Answer to Question 1

True

Answer to Question 2

b

[ereecah]

Thanks for the timely response, appreciate it

[carojassy25]

Gracias!