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8) There will be no impact on the supply of liquid assets when : a) The deficit of the current account of the balance sheet
8) There will be no impact on the supply of liquid assets when : a) The deficit of the current account of the balance sheet is equal to the surplus in the capital account. b) The deficit in the current account of the balance of payments is equal to the deficit in the capital account. c) The surplus in the current account of the balance of payments is greater than the deficit in the capital account d) The deficit in the current account of the balance of payments is greater than the surplus in the capital account. 9) The augmented Phillips curve with rational expectations means that: a) The longrun supply will be upward sloping in the plane of output and price level. b) The longrun supply will be vertical in the plane of output and price level. c) The longrun supply will be downward sloping in the plane of output and price level. d) The longrun supply curve will be horizontal in the plane of output and price level
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