When a country experiences high inflation and unemployment simultaneously, which of the following problems should be addressed first?

The aggregate production function used in the Solow model expresses GDP as a function of:

A) level of technology and total efficiency units of labor only. B) physical capital and level of technology. C) physical capital and total efficiency units of labor only. D) physical capital, level of technology, and total efficiency units of labor.

The minimum point of a U-shaped curve,

A) is a point where the variable is neither increasing nor decreasing. B) has a slope equal to zero. C) has the maximum slope possible. D) Both answers A and B are correct. E) Both answers A and C are correct.