Solved

-Consider Figure 12.9,which Shows Short-Run Output Fluctuations

Question 54

Multiple Choice

  -Consider Figure 12.9,which shows short-run output fluctuations   From 1990.1 to 2000.4,by quarter.If this is all the information you have,during the period 1997.1-1993.4,from the Phillips curve,you would conclude that: A) inflation is decelerating,   . B) inflation is accelerating,   . C) unemployment is falling. D) unemployment is rising. E) Not enough information is given.
-Consider Figure 12.9,which shows short-run output fluctuations   -Consider Figure 12.9,which shows short-run output fluctuations   From 1990.1 to 2000.4,by quarter.If this is all the information you have,during the period 1997.1-1993.4,from the Phillips curve,you would conclude that: A) inflation is decelerating,   . B) inflation is accelerating,   . C) unemployment is falling. D) unemployment is rising. E) Not enough information is given.
From 1990.1 to 2000.4,by quarter.If this is all the information you have,during the period 1997.1-1993.4,from the Phillips curve,you would conclude that:


A) inflation is decelerating,   -Consider Figure 12.9,which shows short-run output fluctuations   From 1990.1 to 2000.4,by quarter.If this is all the information you have,during the period 1997.1-1993.4,from the Phillips curve,you would conclude that: A) inflation is decelerating,   . B) inflation is accelerating,   . C) unemployment is falling. D) unemployment is rising. E) Not enough information is given. .
B) inflation is accelerating,   -Consider Figure 12.9,which shows short-run output fluctuations   From 1990.1 to 2000.4,by quarter.If this is all the information you have,during the period 1997.1-1993.4,from the Phillips curve,you would conclude that: A) inflation is decelerating,   . B) inflation is accelerating,   . C) unemployment is falling. D) unemployment is rising. E) Not enough information is given. .
C) unemployment is falling.
D) unemployment is rising.
E) Not enough information is given.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions