Phillips Curve Problems Set
1.
Assume that the United States economy is operating at full employment. Draw a correctly labelled graph of the
short-run and long-run Phillips curve.
Assume that major political events stop the delivery of foreign oil to the US.
On the Phillips Graph, show how this SRAS shift would affect the Phillips model.

The torque output of an engine is usually measured in the units of a rpm b bhp c foot pounds d feet per pound

Some studies have found that what percentage of students have cheated in some form? a. 10% b. 25% c. 45% d. 75%

Atown located beside a river derives a large percentage of its revenues each year from the local logging industry. however, heavy traffic to and from the logging sites has increased pollution and contributed to soil erosion. this has also resulted in the loss of native bird species in the logged forests. which of the following is the most sustainable solution to this problem? protecting certain forested areas to allow the birds to recover relocating the equipment and vehicles to new forests for logging relocating the birds to new forests away from the town introducing new bird species to replace the species that have been lost reducing the number of trucks traveling through the forest by 10 percent