1. Explain the convergence to equilibrium that is likely to take place in the following scenarios:
1a. Unplanned investment is positive. 1b. Unplanned investment is negative.
Please feel free to use examples to support your posting.
In France there are very strong unions and laws that protect workers from being fired. Do you believe that the short-run tradeoff between inflation and unemployment would be the same between the United States and France?
is it possible to type for me the reply comments for the answers??