The Phillips Curve will shift because of:

A. normal inflation.
B. hyperinflation.
C. expected inflation.
D. core inflation.


Answer: C

Economics

You might also like to view...

In an open economy with a given level of real interest rates and risk, an increase in real interest rates abroad will ________ capital inflows and ________ the equilibrium domestic real interest rate.

A. increase; decrease B. increase; increase C. decrease; increase D. decrease; decrease

Economics

A lesson of the Enron collapse is that government regulation

A) always fails. B) can reduce but not eliminate asymmetric information. C) increases the problem of asymmetric information. D) should be reduced.

Economics

As the relative expected return on dollar assets increases, foreigners will want to hold more ________ assets and less ________ assets, everything else held constant

A) foreign; foreign B) foreign; dollar C) dollar; foreign D) dollar; dollar

Economics

In the equation S = Y - C, in order to interpret Y as disposable income, it is necessary to interpret S as ________ saving

A) private B) national C) government D) business

Economics