"Ceteris paribus" is a Latin expression that means "holding everything else constant."

Does the short-run Phillips curve have a positive or negative slope? Explain how this slope is derived

What will be an ideal response?

According to Ricardo, a country will have a comparative advantage in the product in which its

A) labor productivity is relatively low. B) labor productivity is relatively high. C) labor mobility is relatively low. D) labor mobility is relatively high. E) labor is outsourced to neighboring countries.