Chapter 16. The Phillips Curve in the Great Recession

EIA Activity: The Phillips Curve in the Great Recession

[Online Document Assignment:]

EIA Activity: The Phillips Curve in the Great Recession

Click on the links on the right to answer the following questions.

  1. Question

    Use Link 2 to answer the following questions. True or False: During January 2008, the unemployment rate in Spain was less than 10%.

    		A.
    		B.

  2. Question

    True or False: During January 2013, the unemployment rate in Spain was less than 25%.

    		A.
    		B.

  3. Question

    Use Link 2 to answer the following questions. True or False: Spain’s inflation rate was above 4% in January 2008.

    		A.
    		B.

  4. Question

    True or False: Spain’s inflation rate was below 4% in January 2013.

    		A.
    		B.

  5. Question

    True or False: Spain’s inflation rate reached -1.40% in January 2015.

    		A.
    		B.

  6. Question

    Which is easier for the Federal Reserve to control: inflation or unemployment? Discuss.
    Your response will be graded by your instructor.
    Which is easier for the Federal Reserve to control: inflation or unemployment? Discuss.

  7. Question

    Which is easier for the European Central Bank to control: inflation or unemployment? Discuss.
    Your response will be graded by your instructor.
    Which is easier for the European Central Bank to control: inflation or unemployment? Discuss.

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