22 Jul WHICH OF THE FOLLOWING STATEMENTS ABOUT UNEMPLOYMENT AND INFLATION IS FALSE?
Im taking Macroeconomics and I cant find Show more Please give me correct answers for these questions below. Im taking Macroeconomics and I cant find answers for these questions Thanks! 1. If peoples expectations are rational and their central bank is credible an announcement of an imminent reduction in the money supply would result in A. less inflation but more unemployment. B. more inflation but less unemployment. C. less inflation but the same level of unemployment. D. more inflation but the same level of unemployment. E. less inflation and less unemployment. 2. Which of the following statements about unemployment and inflation is false? A. The short-run Phillips curve demonstrates a negative relationship between unemployment and inflation whereas the long-run Phillips curve is horizontal because the natural rate of unemployment is fixed. B. The misery index is produced by adding the rate of unemployment and the rate of inflation. C. If people expect inflation to be higher in the future than it is today the short-run Phillips curve will shift to the right. D. Means-tested programs tend to favor those with low income while a consumption tax would favor those with high income. E. A positive supply shock such as a new technology that reduces manufacturing costs would shift the entire short-run Phillips curve to the left. 3. Which of the following is an example of supply-side economics? A. an investment tax credit B. a one-time tax rebate to low-income families C. a new Medicare drug benefit for the elderly D. an increase in Social Security benefits E. all of the above 4. Which of the following is an example of an automatic stabilizer? A. spending on Medicare a health care program for the elderly B. spending on research and development C. unemployment compensation D. spending on the improvement of public roadways E. all of the above Show less
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.