Most economists today believe that the Phillips curve is
a. vertical in the short run but downward sloping in the long run.
b. upward sloping in the short run but vertical in the long run.
c. downward sloping in the short run but vertical in the long run.
d. vertical in the short run but upward sloping in the long run.
c
Economics
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Other things constant, ________ people will seek medical care when the price of a doctor's visit ________
A) fewer; falls B) more; falls C) more; rises D) no; rises.
Economics
The table above gives the demand schedule for a good. Using the midpoint method, find the price elasticity of demand between points A and B, between B and C, between C and D, and between D and E
What will be an ideal response?
Economics