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Author Question: Income and wealth were equally or evenly distributed by 1860 in the United States. Indicate ... (Read 152 times)

tuffie

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Income and wealth were equally or evenly distributed by 1860 in the United States.
 
  Indicate whether the statement is true or false

Question 2

In the short run, an increase in the money stock growth rate
 
  a. moves the economy up the short-run Phillips curve.
  b. moves the economy down the short-run Phillips curve.
  c. shifts the short-run Phillips curve to the right.
  d. results in a decline in the natural rate of unemployment and a rise in the inflation rate.
  e. both b and d are correct.



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cuttiesgirl16

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Answer to Question 1

False

Answer to Question 2

B





 

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