Supply Curve, Interest Rates, Phillips Curve. See attached file for full problem description.
1. b A lower price in an input will cause sellers to supply the more at a given price, and the supply curve will shift to the right
3. b After-tax interest rate is the interest rate you pay on a loan after deducting interest expense.
5. b In the long run, only a single rate of unemployment is consistent with a stable inflation rate. The long-run PC is thus ...
Multiple choice macroeconomic questions related to Supply Curve, Interest Rates, Phillips Curve.