The Phillips Curve illustrates a short run relationship between
A) inflation and interest rates
B) interest rates and income
C) interest rates and exchange rates
D) income and unemployment
E) unemployment and inflation
Correct Answer:
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Q1: Which of the following would tend to
Q2: The difference between crowding out and Ricardian
Q3: Which of the following would be an
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A) excess demand for
Q6: The empirical relationship between inflation and unemployment
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Q8: In response to an adverse supply shock,
A)
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