Figure 15-2
According to the modern expectational Phillips curve illustrated in , unemployment will temporarily rise above the natural rate of unemployment when
a.
inflation turns out to be lower than what people expected.
b.
inflation turns out to be higher than what people expected.
c.
inflation turns out to be equal to what people expected.
d.
all of the above are true.
a
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Which of the following is most likely to indicate a statistically significant regression coefficient?
A) |t| > R2 B) R2 > .90 C) |t| > 2 D) |t| > 4
Suppose you own a savings bond that will pay you $100 in 7 years. If the annual interest rate is 2%, what is the present value of the savings bond?
a. $27.91 b. $87.06 c. $93.64 d. $87.06
The portion of Federal Spending devoted to national defense has
A. decreased markedly with small increases during Vietnam, the early 1980s, and 2001. B. remained constant since 1960. C. bounced around with no apparent pattern. D. risen constantly since 1960.
Refer to Table 8.2. If Sherry produces zero earrings, her total fixed costs are A) $0. B) $50. C) $100. D) indeterminate from this information.