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Author Question: Western agriculture in the nineteenth century can be characterized by (a) a rising labor to ... (Read 59 times)

SO00

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on: Jun 30, 2018
Western agriculture in the nineteenth century can be characterized by
 
  (a) a rising labor to output ratio.
  (b) a rising capital to output ratio.
  (c) the use of marginal land to increase output.
  (d) a shift to more efficient crops.

Question 2

According to the monetarists, when the expected rate of inflation rises, the short-run Phillips curve
 
  a. shifts upward.
  b. shifts downward.
  c. is unaffected.
  d. None of the above


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jessofishing

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

(c)

Answer to Question 2

A


SO00

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kjohnson

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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