《Sec 35.1 MC The Phillips Curve》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
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