The household debt has Risen
I believe closure is the answer
Answer:
C. The short-run Phillips curve shifts upward and the long-run Phillips curve does not shift.
This starts getting into the question of morality, I don't believe it is right and just like if a child were brought to a daycare where I worked with bruises and symptoms of neglect, I would report it. you also have a legal obligation too and if it ended up coming out then you would be held accountable as well.
They both establish a market price. It is the price that the consumers pay to willing producers. It is defined by the law of supply and demand. The higher the consumer demand the higher the price set by the producers.
Usually, the market price is at the Equilibrium Market Price made with the interaction of the supply and demand.