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Author Question: The likely result of an economy operating at full employment is: a. cost-push inflation. b. ... (Read 73 times)

darbym82

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

b

Answer to Question 2

False


darbym82

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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