Structures in the economy increase aggregate demand when the ...

[silviawilliams41]

Structures in the economy increase aggregate demand when the economy is in recession and decrease aggregate demand when the economy is inflationary are known as:
 a. tax transfers.
  b. inventory investment.
  c. accelerators.
  d. depreciation.
  e. automatic stabilizers.

Question 2

Which of the following correctly describes the Phillips curve?
 a. A curve showing the inverse relationship between interest rates and the quantity of money demanded.
  b. A curve showing the direct relationship between interest rates and the quantity of money demanded.
  c. A curve showing the direct relationship between the inflation rate and the unemployment rate.
 d. A curve showing the inverse relationship between the inflation rate and the unemployment rate.

[perkiness]

Answer to Question 1

e

Answer to Question 2

d

[silviawilliams41]

Thanks for the timely response, appreciate it

[sultansheikh]

YES! Correct, THANKS for helping me on my review