If fluctuations in economic activity come from the supply side, higher inflation is associated with
a. lower interest rates.
b. structural deficits.
c. higher rates of unemployment.
d. lower rates of unemployment.
c
Economics
You might also like to view...
According to Keynesian analysis, if government expenditures and taxes are increased by the same amount, which of the following will occur?
A) Aggregate supply will decrease B) Aggregate supply will increase C) Aggregate demand will be unaffected D) Aggregate demand will decrease E) Aggregate demand will increase
Economics
The provisions of which of the following labor legislation allowed the president to seek a court injunction to prevent a strike for 80 days if the nation's economy is at risk?
a. Landrum-Griffen Act b. Taft-Hartley Act c. Wagner Act d. Walsh-Healy Act
Economics