According to the "rational expectations" school of thought in macroeconomics, the short-run Phillips curve is ________ in face of unanticipated changes in monetary policy

A) negatively sloped B) vertical C) positively sloped D) horizontal

A

Economics

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Children of female heads of households are five times more likely to live in poverty than other children

a. True b. False

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When a firm is no longer able to reduce its long-run average cost by expanding, it has achieved its minimum efficient scale of production

a. True b. False

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