Stagflation can be explained by a a. shift in the short run ...

[jc611]

Stagflation can be explained by a
 
  a. shift in the short run Phillips curve to the left.
  b. shift in the short run Phillips curve to the right.
  c. a movement along the short run Phillips curve to the right.
  d. a movement along the short run Phillips curve to the left.

Question 2

According to the neoclassical growth model, economic growth in the steady state occurs because of
 
  a. increasing populations, which increase the demand for consumption.
  b. exogenous increases in technology.
  c. international trade.
  d. active governments, which stimulate consumption through government spending.
  e. all of the above.

[mariahkathleeen]

Answer to Question 1

B

Answer to Question 2

B

[jc611]

YES! Correct, THANKS for helping me on my review

[at]

Thanks for the timely response, appreciate it