This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The long-run Phillips curve: a. is horizontal. b. is the same as the short-run Phillips curve. c. ... (Read 116 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 30, 2018
The long-run Phillips curve:
 a. is horizontal.
  b. is the same as the short-run Phillips curve.
  c. displays a positive relationship rather than an inverse relationship.
  d. is exponential.
  e. is vertical.

Question 2

If the consumer price index (CPI) in Year 1 was 200 and the CPI in Year 2 was 215, the rate of inflation was:
 a. 215 percent.
  b. 15 percent.
  c. 5 percent.
  d. 7.5 percent.
  e. 8 percent.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chereeb

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


anshika

  • Member
  • Posts: 510
Reply 2 on: Jun 30, 2018
:D TYSM

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

A port fuel-injected engine that is equipped with long, tuned intake-manifold runners. A port fuel-injected engine that is equipped with long, tuned intake-manifold runners.
Horizontal, frontal (coronal), and sagittal planes in the human brain and a cross section of the ... Horizontal, frontal (coronal), and sagittal planes in the human brain and a cross section of the ...
Water vapor is supplied to the atmosphere by local evaporation or horizontal transport (advection). Water vapor is supplied to the atmosphere by local evaporation or horizontal transport (advection).
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
A forklift pushes a 100-kg crate, starting from rest, exerting a horizontal force of magnitude ... A forklift pushes a 100-kg crate, starting from rest, exerting a horizontal force of magnitude ...
In the figure, a 10.0-m long bar is attached by a frictionless hinge to a wall and held ... In the figure, a 10.0-m long bar is attached by a frictionless hinge to a wall and held ...
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library