The Phillips curve was ________
A) never very popular in policy circles
B) influential in efforts to bring the unemployment rate down to low levels
C) generally confirmed in the 1970s, when low unemployment persisted despite rising inflation
D) all of the above
E) none of the above
B
Economics
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The U.S. dollar will depreciate in value if
A) the demand curve for U.S. dollars shifts rightward. B) the demand curve for U.S. dollars shifts leftward. C) the supply curve of U.S. dollars shifts rightward. D) Both answers B and C are correct.
Economics
Workers who pursue an education directly increase their
A) financial capital. B) physical capital. C) human capital. D) saving.
Economics