The Inflation Adjustment Line Will Shift Down If There Is

question 140

Multiple Choice

The inflation adjustment line will shift down if there is

• A)an increase in energy prices.
• B)a decrease in potential GDP.
• C)an increase in the strength of expectations concerning a recession next year.
• D)an increase in real GDP.
• E)news of the auto industry meeting the wage demands of workers.

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Definitions:

Aptitude Tests

Standardized tests designed to measure a person's ability or potential to acquire skills or knowledge.

Big Five Traits

A model that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Cultures

The collective moulds of knowledge, belief, art, morals, law, custom, and any other capabilities and habits acquired by humans as members of society.

Unstructured Interviews

An interview method in which questions are not prearranged, allowing for spontaneous and open-ended discussions.