Indifference curve slopes upward from left to right because consumers always prefer more of a good to less
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The lack of a long-run tradeoff between the unemployment rate and the inflation rate means the long-run Phillips curve is
A) horizontal. B) vertical. C) upward sloping. D) downward sloping. E) U-shaped, with higher inflation initially decreasing unemployment and then increasing it back to the natural unemployment rate.
Economics
Leadership characteristics that inspire employees is called
a. chain of command b. vision c. charisma d. motivation
Economics