Both stocks and bonds have maturity dates

Who among the following individuals will not be a part of the U.S. labor force?

a. An unemployed computer worker who has given up looking for a job b. A college graduate seeking job after graduation c. An unemployed person who is not working because of a labor dispute d. A person who can work only part-time e. A person who recently moved to a new city and has not yet found a job

If the actual inflation rate is equal to the expected rate, which of the following will happen?

a. inflationary expectations will increase and the Phillips curve will shift downward in the short run. b. inflationary expectations will not change and the Phillips curve will remain in its current position in the short run. c. inflationary expectations will decrease and the Phillips curve will shift downward in the short run. d. inflationary expectations will stay constant and the Phillips curve will shift downward in the short run. e. inflationary expectations will not change and the Phillips curve will become horizontal in the short run.