During a deflation, investment ________ and the rate of capital accumulation ________.
A) decreases; decreases
B) decreases; increases
C) increases; decreases
D) increases; increases
Correct Answer:
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Q273: In 2012 the Cleveland Federal Reserve estimated
Q274: Phillips curves show the relationship between the
A)
Q275: Moving along a short-run Phillips curve
A) the
Q276: Movements upward along the short-run Phillips curve
Q277: Phillips curves describe the relationship between
A) aggregate
Q279: Which of the following is held constant
Q280: The short-run Phillips curve shows a
A) positive
Q281: If the unemployment rate initially equals its
Q282: The Cleveland Federal Reserve Bank's estimate of
Q283: The long-run Phillips curve is
A) horizontal at
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