For this question, assume that the Phillips curve equation is represented by the following: ?t - ?t-1 = (m + z) - ?ut. Which of the following will cause a reduction in the natural rate of unemployment?

A) an increase in m
B) an increase in z
C) an increase in ?
D) an increase in actual inflation
E) an increase in expected inflation

C

Economics

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What determined the exchange rates among currencies under the gold standard, and what caused the gold standard to collapse?

What will be an ideal response?

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The branch of economic theory that analyzes decisions about education and training is

A. welfare economics. B. equilibrium analysis. C. human capital theory. D. consumption theory.

Economics