The origin of the Phillips curve is the idea that an increase in
a. AD will lead to more inflation and more unemployment.
b. AD will lead to more inflation and lower unemployment.
c. AS will lead to lower inflation and lower unemployment.
d. AS will lead to less inflation and higher unemployment.
b
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A 91-day $10,000 Treasury bill is selling for $9,000. The bill's coupon equivalent yield is __________ percent
A) 3.96 B) 4.46 C) 8.02 D) 10.0
A country's balance of payments records
A. the prices that a country pays for its imports and the prices that the country receives for its imports. B. the value of a country's holdings of foreign assets, minus the value of foreign holdings of the country's assets. C. capital gains and losses on a country's international assets. D. the flows of value between that country's residents and residents of the rest of the world during a period of time.