The Phillips curve relates the inflation rate to
a. the unemployment rate.
b. GDP.
c. disposable personal income.
d. the interest rate.
the unemployment rate
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Use the following graph to answer the next question. 
The economy is at equilibrium at point B. What would expansionary fiscal policy do?
A. Move the economy from point B towards point C. B. Move the economy from point B towards point A. C. Move the economy from point B downward along AD2. D. Move the economy from point B upward along AD2.
The median household income is
A) the income that separates households into two equal groups. B) the most common household income. C) the mean household income. D) the average household income.
The credit derivative that, for a fee, gives the purchaser the right to receive profits that are tied either to the price of an underlying security or to an interest rate is called a
A) credit option. B) credit swap. C) credit-linked note. D) credit default swap.
The table below gives data on output for a firm in the short run. The firm is able to hire labor and its TPP is given. Compute the APP, MPP, and MRP for labor if the price of the good is fixed at $12 per unit. LABORTPPAPPMPPMRP14_______________29_______________315_______________421_______________526_______________630_______________733_______________835_______________936_______________
What will be an ideal response?