Based on your understanding of the Phillips curve relation is it possible for the inflation rate and the unemployment rate to increase simultaneously? Explain why.
Question
Related questions
a) Describe two advantages and two disadvantages of both fixed and flexible exchange rate regimes.
a) What do you understand by the term government budget deficit? In what way does this differ from government debt?
a) Distinguish between demand pull and cost push inflation.
a) Describe the three main motives for holding money.
a) What does the slope of the consumption function represent?
Leave an answer