The short-run Phillips curve will shift if there is

A) a change in inflation expectations. B) an increase in inflation that is unanticipated.
C) an increase in the unemployment rate. D) a decrease in inflation that is unanticipated.

A

Economics

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Buying a diversified mutual stock fund allows you to

A) completely avoid all types of risk. B) avoid only random, unsystematic risk. C) avoid only systematic risk. D) avoid risk only when all the stock prices are perfectly correlated.

Economics

Juan lost his job as a nuclear physicist working for a defense contractor. He can not find a job because no firms in the defense industry or any other industry are hiring people with his skills. Juan is ______________ unemployed

A) frictionally B) cyclically C) structurally D) naturally

Economics