The given curve is known as the:





A.  Taylor rule.

B.  Okun Curve.

C.  Laffer Curve.

D.  Phillips Curve.

C.  Laffer Curve.

Economics

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The nondiscriminating monopolist's demand curve:

A. is less elastic than a purely competitive firm's demand curve. B. is perfectly elastic. C. coincides with its marginal revenue curve. D. is perfectly inelastic.

Economics

The real rate of interest is

A. found by taking the nominal rate of interest and adding the actual rate of inflation. B. equal to the nominal rate of interest plus the anticipated rate of inflation. C. found by taking the nominal rate of interest and dividing it by the actual rate of inflation. D. equal to the nominal rate of interest less the anticipated rate of inflation.

Economics