As wages and prices become more sticky ________
A) the short-run Phillips curve gets flatter
B) wages become less responsive to unemployment deviations from the natural rate
C) it becomes easier to differentiate the short-run from the long-run Phillips curve
D) all of the above
E) none of the above
D
Economics
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Giving managers an ownership stake in a company is an example of
A) a command system. B) an incentive system. C) a system that encourages managers to become agents that monitor their principals. D) economies of scope.
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Which of the following is not true of Keynes?
A. Professor at Cambridge B. Wrote the book The General Theory of Employment, Interest and Money C. Big fan of monetary policy D. Active in the arts E. Focused on the short run
Economics