The Phillips curve relates the inflation rate to

a. the unemployment rate.

b. GDP.

c. disposable personal income.

d. the interest rate.

the unemployment rate

Economics

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The main reason why income per capita and income per worker varies across countries is because ________

A) prices vary across countries B) currencies vary across countries C) productivity varies across countries D) interest rates vary across countries

Economics

When Tom's income increases, his demand curve for Mountain Dew shifts rightward because the higher income increases his marginal utility of Mountain Dew

Indicate whether the statement is true or false

Economics