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Author Question: If the Phillips curve is ________ in the long run, there is no trade-off between inflation and ... (Read 52 times)

CQXA

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on: Apr 19, 2019

Question 1

In the long run, the Phillips curve will be ________ at the natural rate of unemployment if the long-run aggregate supply curve is vertical at potential output.


◦ positively sloped
◦ negatively sloped
◦ vertical
◦ horizontal

Question 2

If the Phillips curve is ________ in the long run, there is no trade-off between inflation and unemployment in the long run.


◦ negatively sloped
◦ concave
◦ convex
◦ vertical
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by CQXA on Apr 19, 2019

marict

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Reply #1 on: Apr 19, 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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CQXA

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

steff9894

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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