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

Author Question: Effect of Inflation on the Short-Run Phillips CurveInflation rate(percent per year)Unemployment rate ... (Read 102 times)

mt05945

  • Full Member
  • ***
  • Posts: 141
on: Nov 23, 2022
Effect of Inflation on the Short-Run Phillips Curve


Inflation rate
(percent per year)		Unemployment rate (percent)
9​5.5​
4​7.5​

Refer to the data in the table for the short-run Phillips curve. The short-run and long-run Phillips curves intersect at an inflation rate of 9 percent per year and an unemployment rate of 5.5 percent. The Fed announces its intention to decrease inflation from 9 percent to 4 percent per year, and it succeeds. If expectations of inflation are reduced to 7 percent by the Fed's announcement, the rate of unemployment will be ________ percent in the short run.
◦ less than 5.5
◦ 5.5
◦ between 5.5 and 7.5
◦ 7.5
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mt05945 on Nov 23, 2022

as4309

  • Full Member
  • ***
  • Posts: 166
Reply #1 on: Nov 23, 2022
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.
Answer Preview
Only 42% of students answer this correctly


mt05945

  • Member
  • Posts: 141
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

The carbon cycle. Numbers are storage as 1015 g or fluxes as 1015 g per year (data from Schlesinger The carbon cycle. Numbers are storage as 1015 g or fluxes as 1015 g per year (data from Schlesinger
Effect of Shifting Labor into R&D Effect of Shifting Labor into R&D
The Coriolis Effect The Coriolis Effect
Cocaine’s Effect on the Brain Cocaine’s Effect on the Brain
A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs
What rate, compounded once every 3 years, is equivalent to 9% effective rate? What rate, compounded once every 3 years, is equivalent to 9% effective rate?
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library