The speculative demand curve for money is

The short-run Phillips curve shows that: a. the economy can have low inflation and low unemployment simultaneously

b. the economy can have high per-capita income and high interest rate simultaneously. c. a reduction in per-capita income comes at the expense of lower inflation. d. a reduction in unemployment comes at the expense of higher inflation. e. a reduction in inflation comes at the expense of lower exchange rate.

In the aggregate demand and aggregate supply model, the point where the aggregate demand curve crosses the long run aggregate supply curve, and the expected price level equals the actual price level, is known as what?