Chapter 16 Stagflation and the Rise of Suply-Side Ecomomics

Homework Questions

 

  

1. Draw and explain a Phillips curve. Use the curve to explain the dynamics if unemployment and inflation during the 1980's.

 

 

 

 

2. Draw and explain a Laffer curve. Who was the first president to use the logic of a Laffer curve as a politica/economic tool?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Answers to Chapter 16 Homework Questions Table of Contents
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