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Author Question: Which of the following might cause an upward shift of the modern Phillips curve? A) an increase ... (Read 86 times)

sabina

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on: Jun 30, 2018
Which of the following might cause an upward shift of the modern Phillips curve?
 
  A) an increase in oil prices
  B) an increase in the price of imports
  C) wage agreements that include compensation for inflation
  D) all of the above
  E) none of the above

Question 2

The principal reason(s) that so much U.S. currency is held outside the U.S is (are) ________.
 
  A) many people around the world trust the U.S. dollar more than any other currency
  B) banks all around the world find it convenient to hold large amounts of U.S. dollars
  C) U.S. citizens and corporations spend a lot of dollars abroad
  D) all of the above
  E) none of the above


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Christopher

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

D

Answer to Question 2

A


sabina

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Reply #2 on: Jun 30, 2018
Correct answers!


Christopher

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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