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.
b
Economics
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The value of the x-coordinate of a point in a graph is the length of a line from the point to the
A) origin. B) scalar. C) x-axis. D) y-axis.
Economics
Which of the following is a true statement about crises caused by volatile capital flows?
A) Volatile capital flows rarely cause contagion effects. B) Technological advances have increased the volatility of capital flows. C) Exchange rates appreciate when there are capital outflows. D) Budget deficits decrease when there are capital outflows.
Economics