Refer to the above figure. Line ABCD is a(n)

A) discretionary-policy curve. B) Phillips curve.
C) natural rate of unemployment curve. D) aggregate demand curve.

B

Economics

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The natural rate of unemployment is constant over time

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following makes up the balance on current account?

a. The capital account, the merchandise trade balance, and net investment income from abroad. b. The balance on goods and services, net investment income from abroad, and net unilateral transfers abroad. c. The merchandise trade balance, net unilateral transfers abroad, and capital inflows. d. The balance on goods and services plus capital outflows minus net unilateral transfers abroad.

Economics