Some parents struggling with back-to-school buys. "A couple of years ago, I was able to buy everything practically new," said Charles Lane-Bey, a U.S. Postal Service worker who's struggling to make ends meet
Suppose Charles has $10 to spend on back-to-school clothing for his son, and pants cost 50 cents and shirts cost $1. Which of the following combinations of pants and shirts is affordable? A) 10 pants and 6 shirts
B) 7 pants and 7 shirts
C) 3 pants and 8 shirts
D) 6 pants and 2 shirts
D
Economics
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On a Phillips curve diagram, a decrease in the rate of inflation, other things being equal, is represented by a(n):
a. upward shift of the Phillips curve. b. downward movement along Phillips curve. c. upward movement along the Phillips curve. d. downward shift of the Phillips curve.
Economics