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two questions thanks The Phillips curve reflects Select one: O a. the income distribution effects of inflation O b. short- and long-run tradeoffs between unemployment

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two questions thanks

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The Phillips curve reflects Select one: O a. the income distribution effects of inflation O b. short- and long-run tradeoffs between unemployment and inflation c. the long-run tradeoff between inflation and unemployment O d. the short-run tradeoff between inflation and unemployment O e. short-run fluctuations in GDP Suppose the required reserve ratio is 10 percent, but banks choose to hold an additional 15 percent of demand deposits as excess reserves. Under these conditions, the demand deposit multiplier will be Select one: O a. 4 O b. 0 O c. 10 O d. 5 O e. 6.67

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