Based on the graph showing the Phillips curve, higher inflation is paired with ______.
a. lower unemployment
b. higher unemployment
c. zero unemployment
d. increasing unemployment
a. lower unemployment
Economics
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Refer to Figure 21-5. "Crowding out" of firm investment as a result of a budget deficit is illustrated by the movement from ________ in the graph above
A) A to B B) C to A C) B to A D) B to C
Economics
Suppose there are two countries that are identical in every way with the following exception: Country A has a lower depreciation rate (?) than country B. Given this information, we know with certainty that
A) the growth rate will be the same in the two countries. B) the growth rate will be higher in A than in B. C) K/N will be higher in B. D) Y/N will be higher in B.
Economics