2
answers
1
watching
180
views
13 Oct 2021
True, false or obscure. Justify your conclusion.
a) It is desirable to have inflation as close to zero as possible
b) High inflation means low unemployment
c) The turnover rate of money decreases when nominal interest rates are high
d) The probability of the unemployed finding a job is greater if more people change jobs during a given period
e) Sticky wages make the Phillips curve steep
True, false or obscure. Justify your conclusion.
a) It is desirable to have inflation as close to zero as possible
b) High inflation means low unemployment
c) The turnover rate of money decreases when nominal interest rates are high
d) The probability of the unemployed finding a job is greater if more people change jobs during a given period
e) Sticky wages make the Phillips curve steep
Liked by chocolateimpala441 and 1 others
skyalpaca180Lv10
13 Oct 2021
Read by 1 person