Multiple Choice
If the unemployment rate rises and the inflation rate falls, while the natural unemployment rate and the expected inflation rate remain constant, then we are studying a movement along the
A) long- run aggregate supply curve.
B) aggregate demand curve.
C) Friedman curve.
D) short- run Phillips curve.
E) Phelps- Friedman curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Use the figure below to answer the
Q27: Which one of the following can start
Q28: An increase in the expected rate of
Q29: Deflation occurs when<br>A)the growth rate of potential
Q30: Use the table below to answer the
Q32: Stagflation occurs when the economy experiences both
Q33: Deflation ends with<br>A)a rise in the interest
Q34: A cost- price inflation spiral results if
Q35: An economy is in long- run equilibrium
Q36: An increase in the price level due