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Author Question: As wages and prices become more sticky ________. A) the short-run Phillips curve gets flatter B) ... (Read 40 times)

Deast7027

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on: Jun 30, 2018
As wages and prices become more sticky ________.
 
  A) the short-run Phillips curve gets flatter
  B) wages become less responsive to unemployment deviations from the natural rate
  C) it becomes easier to differentiate the short-run from the long-run Phillips curve
  D) all of the above
  E) none of the above

Question 2

When there are credit-market imperfections, an increase in government debt may be advantageous because it
 
  A) discourages credit-constrained consumers from borrowing too much.
  B) allows credit-constrained consumers to consume more.
  C) eliminates the problems that cause credit-market imperfections.
  D) encourages more private saving.


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nothere

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

D

Answer to Question 2

B


Deast7027

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Reply #2 on: Jun 30, 2018
Thank you :)


nothere

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Reply #3 on: Jun 30, 2018
Happy to help you


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