A decrease in cyclical unemployment will
A) shift the short-run Phillips curve to the left.
B) shift the long-run Phillips curve to the left.
C) decrease the natural rate of unemployment.
D) All of the above are correct.
E) None of the above is correct.
E
Economics
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The above table shows Sue's total utility from golf and tennis. If the price of each hour of golf is twice the price of each hour of tennis, and Sue plays four hours of tennis, then Sue plays
A) one hour of golf. B) two hours of golf. C) three hours of golf. D) four hours of golf.
Economics
An increase in the wage rate of diamond cutters will increase the supply of cut diamonds.
Answer the following statement true (T) or false (F)
Economics