A decrease in the expected inflation rate will

A) increase the inflation rate. B) shift the short-run Phillips curve to the left.
C) increase the unemployment rate. D) shift the short-run Phillips curve to the right.


B

Economics

You might also like to view...

Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; higher C. higher; potential D. lower; higher

Economics

How does a cap-and-trade system:

a. force polluters to internalize an externality? b. lower transactions costs? c. give incentive to polluters to find new ways to reduce pollution? d. make future pollution reductions easy to implement?

Economics

At a price of $4 in the above figure

A) the equilibrium quantity is 400 units. B) there is a surplus of 200 units. C) the quantity supplied is 400 units. D) there is a shortage of 200 units.

Economics

Splitting up a monopoly is often justified on the grounds that

a. consumers prefer dealing with small firms b. small firms have lower costs c. competition is inherently efficient d. nationalization is a less preferred option e. monopolies are inevitable and desirable

Economics