1) In the IS-LM-PC model, investment does not depend onA) x.B) Y.C) T.D) r.2) If the nominal interest rate 9% and expected inflation 2%, the expected real interest rate in year t isapproximatelyA) 2%.B) 8%.C) 7%.D) 3%.E) 11%.3) In the wage-setting relation, the nominal wage tends to decrease whenA) the price level increases.B) unemployment benefits decrease.C) the unemployment rate decreases.D) the minimum wage increases.E) all of the above4) The Phillips curve shows that when the unemployment r
1) In the IS-LM-PC model, investment does not depend onA) …
Jun 20, 2023
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