During the 1960s, the inflation rate and the unemployment rate were inversely related. a. True b. ...

Author Question: During the 1960s, the inflation rate and the unemployment rate were inversely related. a. True b. ... (Read 78 times)

Mr3Hunna

Hero Member
Posts: 536

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

Sr. Member
Posts: 310

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

a

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Mr3Hunna

Hero Member
Posts: 536

Reply #2 on: Jun 30, 2018

Thank you

mk6555

Sr. Member
Posts: 310

Reply #3 on: Jun 30, 2018

Happy to help you

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