In the figure above, a point showing an inefficient production point is point

Which of the following is a way banks reduce risk?

a) Screening firms. b) Evaluating firms. c) Monitoring firms. d) Pooling money into portfolios.

Incorporating the Phillips curve into the aggregate supply curve

a. lengthens the horizontal segment and shortens the vertical b. lengthens the vertical segment and shortens the horizontal c. creates an upward-sloping segment after the vertical and before the horizontal segments d. creates an upward-sloping segment after the horizontal and before the vertical segments e. creates a downward-sloping segment after the horizontal and before the vertical segments