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Author Question: A Phillips curve shows the relationship between the inflation rate and the: a. wage rate. b. ... (Read 123 times)

tuffie

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on: Jun 30, 2018
A Phillips curve shows the relationship between the inflation rate and the:
 a. wage rate.
  b. unemployment rate.
  c. real GDP growth rate.
  d. population growth rate.

Question 2

Union contracts with built-in cost-of-living adjustments and home mortgages that vary with the rate of inflation are:
 a. inappropriate ways of combating inflation.
  b. examples of bracket creep.
  c. means of implementing fiscal policy.
  d. steps that can be taken to decrease the adverse impacts of inflation.
  e. examples of failed discarded policies of the 1970s.


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isabelt_18

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

b

Answer to Question 2

d


tuffie

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


isabelt_18

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


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