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Author Question: During the 1960s, the inflation rate and the unemployment rate were inversely related. a. True b. ... (Read 86 times)

Mr3Hunna

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on: Jun 30, 2018
During the 1960s, the inflation rate and the unemployment rate were inversely related.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following can create demand-pull inflation?
 a. Excessive aggregate spending.
  b. Sharply rising oil prices.
  c. Higher labor costs.
  d. Recessions and depressions.


mk6555

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

True

Answer to Question 2

a


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Mr3Hunna

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


mk6555

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


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