Associated with a favourable supply shock

Assignment Help Business Economics

Reference no: EM13831327

Which of the following would NOT be associated with a favourable supply shock?

a. The short-run Phillips curve shifts left.

b. Unemployment falls.

c. The price level rises.

d. Output rises.

Reference no: EM13831327

Questions Cloud

The lower of cost or market : The accounting guideline usually associated with the lower of cost or market (LCM) rule for valuing inventory

Which of the did phillips discover : Which of the following did Phillips discover?

The position of the long-run phillips curve depends on what : The position of the long-run Phillips curve depends on what?

Expected rate of inflation shift the phillips curves : How does an increase in the expected rate of inflation shift the Phillips curves?

Associated with a favourable supply shock : Which of the following would NOT be associated with a favourable supply shock?

Discuss how they experience the healthcare system in america : Analyze their cultural and social norms. Discuss how they experience the healthcare system in America

Make aggregate demand shift right farther than the amount : Which of the following tends to make aggregate demand shift right farther than the amount that government expenditures increase?

Find the optimal quantity of labor supplied : Find the optimal quantity of labor supplied by a consumer who has a utility function for leisure (l) and “goods” (y) of U(l,y)=ln(l)+ln(y) , no non-labor income, a wage of 10, and 2000 hours of time.

Determining the value of problem : Show that: (a ⊥ m & b ⊥ m) ↔ (ab) ⊥ m.

User Account

All Pages