What is a "structural" relationship?
A) a relationship that depends on the size of firm investments in capital such as buildings and other structures
B) a relationship that depends on the basic behaviour of consumers and firms and remains unchanged over long periods
C) a relationship between any two variables that is temporary
D) any relationship that cannot be anticipated
E) a relationship based on the institutions of the economy
Correct Answer:
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Q8: Figure 13.1 Q9: According to the short-run Phillips curve, which Q9: According to the short-run Phillips curve,the unemployment Q10: Figure 13.1 Q11: In July 2015, the Bank of Canada Q12: Evidence shows that many people who delay Q14: If actual inflation is less than expected Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
