The Short run Phillips curve can shift in response to changes in ?

Related Mcqs:

Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side ?

A. New classical economists B. Keynesian. C. Marxists D. Monetarists...

The long-run Phillips curve is ____ at the ____?

A. horizontal, natural rate of inflation B. horizontal natural rate of unemployment C. vertical natural rate of inflation D. vertical equilibrium rate of unemployment...

Potential GDP is the level of aggregate output ?

A. that can be produced if structural unemployment is zero B. that can be produced at a zero-unemployment rate C. that can be sustained in the long run without inflation D. that can be sustained in the long run, if the inflation rate is zero...

The Phillips curve indicates that there is a ?

A. negative relationship between the inflation rate and labor demand B. positive relationship between labor supply and the inflation rate C. positive relationship between the inflation rate and the employment the D. negative relationship between the inflation rate and the unemployment rate...

During Periods of rising inflation and rising interest rates we expect the demand for real cash to ?

A. rise B. fall C. not changes D. fluctuates...