« previous next »

Author Question: Which of the following about the Phillips curve is not correct? A) It shows the relation between ... (Read 57 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
Which of the following about the Phillips curve is not correct?
 
  A) It shows the relation between GDP growth and unemployment.
  B) It has been redefined as a relation between the change in the rate of inflation and the unemployment rate.
  C) It was first explored by A. W. Phillips.
  D) The curve is downward sloping.

Question 2

The Phillips curve describes the relationship between
 
  A) output growth and unemployment.
  B) inflation and output growth.
  C) output growth and money supply.
  D) inflation and unemployment .


bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

A Dose-Response Curve A Dose-Response Curve
The relation between a raw EMG signal and its integrated version. The volunteer tensed her muscle ... The relation between a raw EMG signal and its integrated version. The volunteer tensed her muscle ...
How to choose the correct u and dv when you integrate by parts How to choose the correct u and dv when you integrate by parts
Linear dose-response curve Linear dose-response curve
Dose-response curve with threshold Dose-response curve with threshold
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library