If the short-run aggregate supply curve is shifting right:
a. the short-run Phillips curve is shifting left.
b. the short-run Phillips curve is shifting right.
c. the long-run Phillips curve is shifting right.
d. the long-run Phillips curve is shifting left.
a
You might also like to view...
The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is $20.00 per week. Milkshakes cost $2.00 each and sodas cost $1.00 each
What quantity of sodas does Tom purchase at his consumer equilibrium? A) five B) six C) seven D) eight
Find the real exchange rate for the following case: Assume that the representative basket of European goods costs 150 euros and the representative U.S. basket costs $200,
and the dollar/euro exchange rate is $1.20 per euro, then the price of the European basket in terms of U.S. basket is:
Which of the following countries had the highest percentage of young adults with a college degree in 2012?
a. Norway b. Canada c. Japan d. France e. Italy
Refer to the above figure. A long-run equilibrium in monopolistic competition is pictured by
A. Panel A. B. Panel B. C. Panel C. D. Panel D.