Author Question: The Phillips curve was ________. A) never very popular in policy circles B) influential in ... (Read 61 times)

ericka1 · **on:** Jun 30, 2018

The Phillips curve was ________.

A) never very popular in policy circles
B) influential in efforts to bring the unemployment rate down to low levels
C) generally confirmed in the 1970s, when low unemployment persisted despite rising inflation
D) all of the above
E) none of the above

Question 2

In U.S. history, use of a commodity-backed paper currency is associated with the

A) Free Banking Era.
B) Confederacy during the Civil War.
C) gold standard.
D) Bretton Woods Agreement.