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.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Monetary economists find that it takes anywhere
Q27: According to the Phillips curve, if current
Q35: A key assumption of the short-run model
Q51: According to the Phillips curve,if:<br>A)the inflation rate
Q52: One of the explanations for the high
Q53: Which of the following scenarios best describes
Q57: When economists say "sticky inflation," they mean:<br>A)inflation
Q79: The federal funds rate is:<br>A) equal to
Q85: If the price of oil unexpectedly rises,
Q86: What are the mechanics of lowering interest