Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
ujesssss ujesssss
wrote...
Go to Answer
Posts: 490
Rep: 28 0
5 years ago

Question 1.

If inflationary expectations decrease, the Phillips curve will



▸ shift to the right.

▸ shift to the left.

▸ become vertical.

▸ become upward sloping.

Question 2.

The United States began to pull out of a recession in the spring of 1991. Unemployment fell, but inflation did not increase. What was the most likely cause of this?



▸ Aggregate supply was increasing at a faster rate than aggregate demand.

▸ Both aggregate demand and aggregate supply were decreasing.

▸ Aggregate demand was increasing but aggregate supply was decreasing.

▸ Aggregate demand was increasing at a faster rate than aggregate supply.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 69 times
2 Replies
Replies
Answer verified by a subject expert
jaded 7.jaded 7.
wrote...
#1
Posts: 376
Rep: 42 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

ujesssss Author
wrote...
#2
5 years ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1095 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1611
  
 398
  
 272
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?