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Author Question: Refer to Figure 17-3.The shifts shown in the short-run and long-run Phillips curves ... (Read 94 times)

ts19998

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on: Mar 16, 2019

Question 1

Figure 17-2










Refer to Figure 17-2. The nonaccelerating inflation rate of unemployment, or NAIRU, is associated with which point rate in the figure above?


◦ A
◦ B
◦ C
◦ All of these

Question 2

Figure 17-3









Refer to Figure 17-3. The shifts shown in the short-run and long-run Phillips curves between period 1 and period 2 could be explained by


◦ an increase in the expected inflation rate from 4.0 to 5.5 percent.
◦ an increase in the natural rate of unemployment from 5.5 to 6.8 percent.
◦ either an increase in expected inflation from 4.0 to 5.5 percent or an increase in the natural rate of unemployment from 5.5 to 6.8 percent.
◦ None of these is correct.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by ts19998 on Mar 16, 2019

batool

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ts19998

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review

momolu

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Reply 3 on: Yesterday
:D TYSM

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