Which of the following might cause an upward shift of the modern Phillips curve?
A) an increase in oil prices
B) an increase in the price of imports
C) wage agreements that include compensation for inflation
D) all of the above
E) none of the above
D
You might also like to view...
The money demand curve has a negative slope because
A) lower interest rates cause households and firms to switch from financial assets to money. B) lower interest rates cause households and firms to switch from money to financial assets. C) lower interest rates cause households and firms to switch from money to bonds. D) lower interest rates cause households and firms to switch from money to stocks.
Which of the following mergers would result from the purchase of a computer chip company by IBM?
a. A horizontal merger. b. A vertical merger. c. A conglomerate merger. d. An interlocking merger.