Technological change leads to unemployment
a. True
b. False
Indicate whether the statement is true or false
False
Economics
You might also like to view...
What impact does expansionary monetary policy have on the short-run Phillips curve if consumers and firms expect the expansionary monetary policy to increase inflation?
A) The short-run Phillips curve is not affected by expansionary monetary policy. B) The short-run Phillips curve shifts down. C) The short-run Phillips curve shifts up. D) The short-run Phillips curve becomes the long-run Phillips curve.
Economics
An increase in total factor productivity shifts the PPF
A) upward, but does not change its slope. B) upward, and also changes its slope. C) downward, but does not change its slope. D) downward, and also changes its slope.
Economics