Most economists believe that a small amount of the gap between the wages of white males and the wages of other groups is due to discrimination. Which of the following factors is not another factor that explains part of this gap?

Suppose that nominal interest rates double. As a result, the quantity of money doubles as well

Indicate whether the statement is true or false

Ceteris paribus, an increase in the current or actual rate of inflation will cause

A) the unemployment rate to decrease (a movement along the short-run Phillips curve). B) the long-run Phillips curve to shift leftward. C) expectations of future inflation rates to be revised downward. D) the short-run Phillips curve to shift upward.