24. The short-run Phillips curve shows the combinations of
a. unemployment and inflation that arise in the short run as aggregate demand shifts the
economy along the short-run aggregate supply curve.
b. unemployment and inflation that arise in the short run as short-run aggregate supply
shifts the economy along the aggregate demand curve.
c. unemployment and inflation that arise in the long run as aggregate demand shifts the
economy along the long-run aggregate supply curve.
d. real GDP and the price level that arise in the short run as short-run aggregate supply
shifts the economy along the aggregate demand curve.
e. None of the above are correct.

Question

14-12-2019
Social Studies

contestada

24. The short-run Phillips curve shows the combinations of
a. unemployment and inflation that arise in the short run as aggregate demand shifts the
economy along the short-run aggregate supply curve.
b. unemployment and inflation that arise in the short run as short-run aggregate supply
shifts the economy along the aggregate demand curve.
c. unemployment and inflation that arise in the long run as aggregate demand shifts the
economy along the long-run aggregate supply curve.
d. real GDP and the price level that arise in the short run as short-run aggregate supply
shifts the economy along the aggregate demand curve.
e. None of the above are correct.

Respuesta :

Otras preguntas

A 20m ladder and a 15m ladder were leaned against a building. The bottom of the longer ladder was 7m farther from the building than the bottom of the shorter la

Find a numerical value for ρearth, the average density of the earth in kilograms per cubic meter. use 6378km for the radius of the earth, g=6.67×10−11m3/(kg⋅s2)

Need help ASAP!!!!!plz

When certain traits increase the likelihood of an animal living a long life it is referred to as

How are uniform circular motion maps the same as linear motion maps? Check all that apply.Time is represented by dots at 1-second intervals.Start position is re

Can someone please help me with this question? I promise to mark brainlest!!

You have one pair of jeans and you just destroyed them. I want / need a new pair of jeans. I want / need a fancy pair of designer jeans. Your computer just

Micaela is 2 years older than Sam. In 4 years, the sum of their ages will be 40. How old is Micaela now? Describe and fix any errors in the solution. Let m = Mi

What is the function of DNA and where is it found in a eukaryote cell? A) sexual reproduction:ribosomes B) controls respiration:mitochondria C) regulates all

spining an odd number, not fliping heads, then not spining at 6

steffimarish steffimarish · Answer 1 · 2019-12-27T16:23:09+01:00

The short-run Phillips curve shows the combinations of unemployment and inflation that arise in the short run as aggregate demand shifts the economy along the short-run aggregate supply curve.

Answer: Option A

Explanation:

The short run Phillips curve is that curve which shows the relation ship between the unemployment rate and the rate of inflation as an important concept in economics.

The curve shows this relation ship and the arising of the unemployment and the inflation because of the shift in the aggregate demand curve in the short run. It also shows the shift in the economy along the aggregate supply curve in the short run.