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
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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
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.
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: