Sec 35.1 MC The Phillips Curve

Sec 35.1 MC The Phillips Curve

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时间:2019-09-22

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1、1. Theshort-runrelationshipbetweeninflationandunemploymentisoftencalled a. theClassicalDichotomy. b. MoneyNeutrality. c. thePhillipscurve. d. Noneoftheaboveiscorrect.ANSWER:  cDIFFICULTY:  EasyREFERENCES:  ThePhillipsCurveLEARNING OBJECTIVES:  ECON.MANK.102-E

2、xaminethetrade-offbetweeninflationandunemployment.TOPICS:  MacroeconomicmodelsPhillipscurveKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  001.35.1-MC-MANK082. EconomistA.W.Phillipsfoundanegativecorrelationbetween a. outputandunemployment. b. unemploymentandtheintere

3、strate. c. outputandtheinterestrate. d. wageinflationandunemployment.ANSWER:  dDIFFICULTY:  EasyREFERENCES:  ThePhillipsCurveLEARNING OBJECTIVES:  ECON.MANK.102-Examinethetrade-offbetweeninflationandunemployment.TOPICS:  MacroeconomicmodelsPhillipscurveKEYWOR

4、DS:  BLOOM'S:KnowledgeCUSTOM ID:  002.35.1-MC-MANK083. TheeconomistA.W.Phillipspublishedafamousarticlein1958inwhichheshoweda a. negativecorrelationbetweentherateofunemploymentandtherateofinflation. b. positivecorrelationbetweentherateofunemploymentandtherateo

5、finflation. c. negativecorrelationbetweentherateofunemploymentandtherateofinterest. d. positivecorrelationbetweentherateofunemploymentandtherateofinterestANSWER:  aDIFFICULTY:  EasyREFERENCES:  ThePhillipsCurveLEARNING OBJECTIVES:  ECON.MANK.102-Examinethetra

6、de-offbetweeninflationandunemployment.TOPICS:  MacroeconomicmodelsPhillipscurveKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  003.35.1-MC-MANK084. A.W.Phillipsfounda a. positiverelationbetweenunemploymentandinflationintheUnitedKingdom. b. positiverelationbetweenunem

7、ploymentandinflationintheUnitedStates. c. negativerelationbetweenunemploymentandinflationintheUnitedStates.CopyrightCengageLearning.PoweredbyCognero.Page 31 d. negativerelationbetweenunemploymentandinflationintheUnitedKingdom.ANSWER:  dDIFFICULTY:  ModerateRE

8、FERENCES:  ThePhillipsCurveLEARNING OBJECTIVES:  ECON.MANK.102-Examinethetrade-offbetweeninflationandunemployment.TOPICS:  MacroeconomicmodelsPhillipscurveKEYWORDS:  BLOOM'S:KnowledgeCUST

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