A business fluctuation when the pace of economic activity is slowing down is called

If actual inflation is less than expected inflation, which of the following will be true?

A) The Phillips curve will be a vertical line. B) Real wages will fall. C) The unemployment rate will fall. D) Real wages will rise.

Index funds

a. typically have a higher rate of return and higher costs than managed mutual funds. b. typically have a higher rate of return and lower costs than managed mutual funds. c. typically have a lower rate of return and higher costs than managed mutual funds. d. typically have a lower rate of return and lower costs than managed mutual funds.