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Author Question: Loans are: a. assets of banks, liabilities of borrowers. b. liabilities of banks, assets of ... (Read 59 times)

cagreen833

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on: Jun 30, 2018
Loans are:
 a. assets of banks, liabilities of borrowers.
  b. liabilities of banks, assets of borrowers.
  c. assets of banks and their borrowers.
 d. liabilities of banks and their borrowers.

Question 2

Consider a nation experiencing the relationship illustrated by the short-run Phillips curve. An increase in both unemployment and inflation in this nation over the next ten years can be explained by:
 a. a downward movement along the short-run Phillips curve.
  b. a series of outward shifts of the short-run Phillips curve.
  c. an upward movement along the short-run Phillips curve.
  d. a series of inward shifts of the short-run Phillips curve.
  e. a complete change in the slope of the Phillips curve.


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Kjones0604

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

a

Answer to Question 2

b


cagreen833

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Reply #2 on: Jun 30, 2018
Thank you :)


Kjones0604

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Reply #3 on: Jun 30, 2018
Happy to help you


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