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Author Question: The likely result of an economy operating at full employment is: a. cost-push inflation. b. ... (Read 72 times)

darbym82

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The likely result of an economy operating at full employment is:
 a. cost-push inflation.
  b. demand-pull inflation.
  c. a lower rate of growth.
  d. hyperinflation.

Question 2

The Phillips curve fails to provide a consistent explanation for macroeconomic performance in the United States in the 1960s.
 a. True
  b. False
  Indicate whether the statement is true or false



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mirabriestensky

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Answer to Question 1

b

Answer to Question 2

False




darbym82

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


abro1885

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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