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

Author Question: The expression, IM, represents the value of imports in terms of A) foreign currency. B) domestic ... (Read 93 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
The expression, IM, represents the value of imports in terms of
 
  A) foreign currency.
  B) domestic currency.
  C) foreign goods.
  D) domestic goods.
  E) exports.

Question 2

Explain how the original Phillips curve differs from the expectations-augmented Phillips curve (or the modified, or accelerationist Phillips curve).
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

The original Phillips curve did not take into account the effects of changes in expected inflation on inflation. The expectations-augmented Phillips curve did allow for changes in expected inflation to affect actual inflation.


SGallaher96

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
:D TYSM

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Formation of additional eyes in Drosophila caused by the abnormal expression of a master control gen Formation of additional eyes in Drosophila caused by the abnormal expression of a master control gen
Domestic cat Domestic cat
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Expression of Affection Expression of Affection
Regulation can occur at any stage in the expression of genetic material in eukaryotes Regulation can occur at any stage in the expression of genetic material in eukaryotes
Effects of Temperature on Gene Expression Effects of Temperature on Gene Expression
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library